$AINot financial advice.
NYSE:AI
Scenario #1
Break white line of wedge will confirm bull side.
Scenario #2
Fail to break wedge will go for a double bottom or lower.
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724 trade ideas
C3.ai ($AI) finishing another prolonged sideways correction?Could very well be done here already with the orange count or could provide at least another low with the yellow count.
AI: the trend now be beginningAI: the trend now be beginning
-Shakeout and backtest successfully.
-Volume exhausted at the bottom.
-Strong demand has confirmed.
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Let's go!
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US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
C3.ai ($AI) Shares Jumped 19.44% on Strong Q4 ResultsC3.ai ( NYSE:AI ), an AI software company, is expected to see revenue growth of around 23% in fiscal year 2025, with plans to continue investing in development to establish market leadership and build a profitable enterprise software company. The company is focusing on addressing a potentially $1 trillion addressable software market, which is considered the largest market opportunity in software history.
The company's strong Q4 results and optimistic outlook highlight its position in the rapidly evolving enterprise AI market. As businesses recognize the potential of AI to transform operations, C3.ai's focus on applications and its approach to addressing challenges associated with GenAI could significantly shape the industry's future.
However, the company must navigate an increasingly competitive landscape and demonstrate the tangible benefits of its offerings to maintain its growth trajectory. The coming quarters will be crucial in determining whether C3.ai ( NYSE:AI ) can capitalize on the opportunities presented by the expanding AI market and establish itself as a long-term leader.
Technical Outlook
C3.ai ( NYSE:AI ) stock is up 19.44% trading with a Relative Strength Index (RSI) of 68.27 which is slightly overbought prior the earnings Beat. The stock is trading a little bit higher above the 200-day Moving Average (MA).
5/29/24 - $ai - careful. wrong factors into EPS.5/29/24 - vrockstar - NYSE:AI - just don't think you can buy this with confidence anywhere near current levels given 1) decelerating growth (esp looking at the 2Y stack), 2) burns cash even considering massive stock comp (which isn't cash in a declining px) and worst perhaps of all is 3) when you look at gross profit YoY difference vs. opex spending (even take out sales!) there's negative operating leverage b/c of these revenue trends.
look, idk if there's some sort of LLM pivot/ change/ integration etc. but they're going to need to retool and compete w/ a lot of biz's that are ground-up on the new models. it can def'n be done, requires the right leadership. something i'd be more keen to look into if we were in a bull market for smid tech (we're not!) - and shorting is just so miserable generally - that i'm out and probably only return once we get a clearer rates picture and i see a few more EPS pitches thrown from this one.
Careful here.
C3.AI bottomed and is going for the 1D MA50 test.C3.ai (AI) is trading within a Channel Down pattern since the August 01 2023 High and just 3 weeks ago made the 2nd Lower Low at the bottom of the pattern. If it breaks above the 1D MA50 (blue trend-line), we will have a confirmed bullish continuation for the new Bullish Leg, similar to the November 02 2023 break-out.
Until then, we expect one last short-term dip for a better buy entry, with which we will target 29.00 (just below the 0.5 Fibonacci retracement level). On the medium-term, we expect a new Lower High to be made, at least on the 0.618 Fib.
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C3.ai, ai - New Bottom and Timed CyclesLooking at the Timed Cycles for C3.ai I used the Timed Cycles a year ago to predict a 30% price movement and although the timing was off a bit it did hit my target. So here we are again 1 year later and based on the price movement of the stock for the previous 2 quarters I'm of the opinion that History will repeat itself. I also added in a Ghost Feed of projected candles to visualize a small run with a pullback and then subsequent move up to the next Quarterly Financials. This of course is speculative however the potential return/risk reward I am fairly confident. This is a Swing Trade that depending on your entry and exit dates can last 7 weeks. Right now in the short term C3.ai looks almost oversold and the down trend still is showing a little strength so expect overall for a neutral trend from the current price point and perhaps wait for a dip to take your position should you decide to.
Time to Long AI shareSince it has breakout from down trend. It can fly now. In long term it can break all time high too. 100% min return expected maybe 4x if all time hit. Fingers crossed!
SEIIV Studio's Sharpshooter strat (may 2024)Expect market to take a +2.1% = TP2
@ $23.35, TP1= $23.00 (+0.50%),
TP3 = +2.7% ($23.50)
Expect market to rally due to significant buys in low areas of market. expect $23.00 area to be a (repeated bouncing loop to significant incline (retest area)).
C3.ai: Channel Down bottom buy.C3.ai (AI) is bearish on the 1D technical outlook (RSI = 36.727, MACD = -1.800, ADX = 49.528) but has staged a solid recovery at the bottom of the 1 year Channel Down. This sequence is very much like the October 2023 bottom, which targeted the 0.786 Fib as a LH. Having completed a MACD Bullish Cross, we go long aiming at the top of the Channel Down (TP = 32.50).
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guess who's back, AI Daily timeframe analysis!🔭boost and follow for more! I'm Finally back from a long break 💙
6 month downtrend broke, resistance turned support shortly after then a higher lower!
a rally to 31.70-38.05 🎯should come soon... lets see :)
Looking short right away for a swing on AI!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
AI - Bottom Is In Bet.Not too much to say about this one, but I believe that the bottom is in on this name, and if I'm wrong the answer will come quick and cheaply, as my stop is at $28.
AI | This will launch like SMCI | LONGC3.ai, Inc. engages in the provision of enterprise artificial intelligence software for digital transformation. It delivers the C3 AI suite for developing, deploying, and operating large-scale AI, predictive analytics, and Internet of Things applications in addition to a portfolio of turn-key AI applications. The company was founded by Thomas M. Siebel, Patricia A. House and Stephen Maurice Ward, Jr. on January 8, 2009 and is headquartered in Redwood City, CA.
Stock Market Logic Series #2How to know when a correction is a real correction and a fake reversal?
Paying attention to this will give you confidence in going SHORT.
Schema is self explanatory.
AI - pumping up again AI can see 50 soon. This is purely short squeeze driven stock.
Buy in lows.. Sell when it rips.
Long anywhere between high 20s - low 30s
Stop loss 25
Target #1 - 40
Target #2 - 50
Retail investors' AI bet C3.ai's Shares Climb on Strong ResultsC3.ai. ( NYSE:AI ) With its shares soaring about 18% in premarket trading following robust third-quarter results and an optimistic full-year forecast, the Redwood City-based firm is proving to be a compelling contender in the AI market.
Since the dawn of 2022, C3.ai ( NYSE:AI ) has seen its shares surge an impressive 165%, solidifying its position as a frontrunner in the AI software domain. However, despite this significant growth, it pales in comparison to the meteoric rise of industry titan Nvidia, which has witnessed a staggering 431% increase in market value over the same period.
What sets C3.ai ( NYSE:AI ) apart is its strategic focus on catering to the burgeoning demand for AI solutions across various sectors, notably the federal market. Bolstered by a 23% surge in subscription revenue, the company's strong performance in the latest quarter underscores its ability to deliver results that surpass analyst expectations. Moreover, with subscription revenue accounting for approximately 90% of its total revenue, C3.ai ( NYSE:AI ) demonstrates a resilient revenue model that appeals to investors seeking stability amidst market volatility.
Analysts, however, maintain a cautious stance, with the average rating for C3.ai ( NYSE:AI ) listed as "hold." Despite this, several brokerages have raised their price targets for the company, reflecting growing confidence in its long-term prospects. D.A. Davidson, for instance, raised its target price to $30, citing the company's notable success in securing multi-year subscription agreements and its expanding presence in the federal sector.
Looking ahead, C3.ai ( NYSE:AI ) remains optimistic about its future trajectory, narrowing its 2024 revenue forecast to $306-$310 million. While this forecast surpasses analysts' estimates, it underscores the company's proactive approach to managing expectations and delivering sustainable growth.
In a strategic move to strengthen its leadership team, C3.ai ( NYSE:AI ) announced the appointment of Hitesh Lath as its new Chief Financial Officer, effective March 1. With Lath's extensive experience in financial management, coupled with the continued presence of Juho Parkkinen as Vice President of Finance, the company is poised to navigate future challenges and capitalize on emerging opportunities.
AI made a Bullish Break-out and is targeting $60.C3.ai (AI) broke on Monday above the 8-month Lower Highs trend-line that dictated the former Bearish Leg of the 1.5 year Channel Up pattern. That is a major technical bullish break-out for the long-term as at the same time the 1D MACD completed a full Bullish Cross.
The last time we had such a series of technical events was on the January 13 2023 bullish break-out where the stock closed again a 1D candle above the Lower Highs. The price rallied +205% from the bottom. The next rally that formed the June 16 2023 Higher High on the Channel Up was on a +190% rally. Assuming a -15% decrease on every Bullish Leg, we expect the current rally to peak a +175% from the bottom. As a result we are placing our target just under the 1.382 Fibonacci extension (standard Higher High target) at $60.00.
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A clear path forward or is itI just wanted to let all of you big hitting traders know a few things. The consolidation stage, which I termed step 1, has a stair-climb theme, but not as much as the spread in bouncing from one to the other, which has been evident for weeks or even months. I've counted three if we exclude the stair step, therefore this is not a good option play because it's traveling sideways and seems like it's going to step 2.
I would like to draw your attention to a few points, traders who are active. Check out the consolidation stage, which I dubbed step 1 since it resembles a stair ascent somewhat, albeit not nearly as much as the spread that has been evident for weeks or even months. With the sideways movement and my sense that it's heading toward step 2, I've counted three, if the stair step is excluded. Not a healthy option play.
Other than that, there are a lot of uncontrollable things that could affect how long it lasts, but we have no influence over that.
Next>>>>back to 30-32 but the descending line coming from up top if it squeezes when it meets the resistance line then a new high could be made and a new level of play.
Breakout incomingPrice can breakout from medium term channeldown very soon
At around 17.7$ will also cross two 1D SMA100 and 200 probably getting a boost up
Channel exit aroud 18,3$
Long term channel is still bullish, lower border hit few days ago
C3.ai, Bullish Falling WedgeContinuing to look at C3.ai the chart appears that a bottom might be near. A falling wedge pattern is well defined within the LongTerm Downtrend. Also within that as identified in a light blue horizontal box is the current trading channel of approximately 6 weeks.
The TSI is still relatively weak but overall neutral along with the MFI. The most recent bearish formation is the Bearish 50 day EMA Cross of the 200 day EMA. As C3.ai has been topping out along the upper trendline of the falling wedge I believe a low of $23.50 can still be made before the wedge formation is completed and C3.ai breaks out to the upside. Measuring the backside of the wedge, the height gives us a range of $9.40 from the breakout point so if $23.50 is the number that take's it back to $32.90 for a 40% move and that coincides with the Top Trendline of the Long Term Price Channel When it does breakout the first line of resistance will be at $26.60 and that would be good for 13.2%. Overall I believe the worst is over and that going into the next financials to be reported in 6 weeks there is more Upwards potential than not. A breakout above $26.60 will take C3.ai to the target price of $32.90. Please note that for the past 2 months trading volume has been fairly weak and for validation of the breakout from the Falling Wedge, trading volume should increase by 25-50% or more daily.
