Stockssingals
C3.AI stocks suppressed by the 1.618 level of the golden sectionC3.AI stocks suppressed by the 1.618 level of the golden section
This chart shows the weekly candle chart of C3. AI stocks for the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the high points of C3.AI stocks at the end of May and July were precisely suppressed by the 1.618 level of the golden section in the figure, while the high point in June almost touched the short start level in November 2021! So for a period of time in the future, the probability of C3. AI stocks will probably rise again against the 0.618 to 0.809 positions in the golden section of the pullback chart!
HP Approaching Support, Potential Bounce!HP is approaching our first support at 40.55 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 57.23 (horizontal pullback resistance, 61.8% fibonacci extension, 50% fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.
NFLX Approaching Support, Potential Bounce! NFLX is approaching our first support at 205.72 (horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 255.34 (horizontal pullback resistance, 23.6% fibonacci retracement, 100% fibonacci extension).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price.