And it looks like it's been pricing in upside and a rally for some time now. Starting in Early October.
So, technically AI stocks are showing all time highs on it's way with the markets.
First the price broke above the W Formation (Breakout pattern)
Second, Price> 20 and 200
Third, any American company that is in Crypto or AI has the upper hand for investors right now with Trumps idea of keeping everything American by increasing tariffs worldwide (especially in China of over 60%).
He is inviting more local manufuacturers and businesses to excel within America.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.