Bullish33 Stop, bullish momentum. After closing over the previous weeks highs, there is a high probability of continuing the move.Longby LukeMTKUpdated 773
AIEverything AI (artificial intelligence). OpenAI's ChatGPT, already received a $3B investment with a planned $10B from Microsoft Corp MSFT. AI has been the mainstream financial news buzzword lately. That's often a leading indicator sell signal incoming for a trade. Nevertheless, here's a 1 day chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 10 tickers. AI DT IRBO BOTZ AIQ ARKQ AIO AIU BBAI SOUNby Options360Updated 226
Head and Shoulder PatternThe head and shoulders pattern is a popular chart pattern used in technical analysis to predict potential reversals in price trends. It is named after its visual resemblance to a head and two shoulders. The pattern is typically formed after an uptrend and is considered a bearish reversal pattern. Here are the key characteristics of a head and shoulders pattern: 1. Formation: The pattern consists of three peaks or highs, with the middle peak (the head) being the highest and the two outer peaks (the shoulders) being slightly lower in height. The lows between the peaks are known as neckline valleys. 2. Neckline: The neckline is a support level that connects the lows between the peaks. It acts as a crucial level to watch for confirmation of the pattern. The neckline can be sloping upward, downward, or horizontally. 3. Volume: Volume is an essential factor in confirming the pattern. Typically, volume is higher during the formation of the left shoulder and the head and lower during the formation of the right shoulder. A significant increase in volume can occur when the price breaks below the neckline, confirming the pattern. 4. Breakout: The pattern is considered complete when the price breaks below the neckline. This breakout is seen as a confirmation of the bearish reversal, indicating a potential trend reversal from an uptrend to a downtrend. 5. Price Target: To estimate the potential downside target, measure the vertical distance from the neckline to the top of the head and subtract that distance from the breakout point. This projected target represents a potential price level that the stock or asset could reach after the pattern is confirmed. The accuracy rate of the head and shoulders pattern, like any other chart pattern, is subjective and varies depending on several factors. It is important to understand that no pattern or indicator guarantees 100% accuracy in predicting future price movements. The accuracy of the head and shoulders pattern can be influenced by various factors, including the timeframe in which it occurs, the market conditions, and the quality of the pattern itself. Some head and shoulder patterns may be more reliable and accurate than others based on these factors. Traders and analysts often use additional confirmation signals and indicators, such as volume analysis, momentum oscillators, and trendlines, to increase the reliability of their predictions when identifying head and shoulders patterns. While the head and shoulders pattern is widely recognized and used by technical analysts, it is important to use it as part of a comprehensive trading strategy, considering other factors such as fundamental analysis, market sentiment, and risk management. Educationby Moshkelgosha1122
AI Gap Fill with some downsideA short term bounce up filling the gap, followed by some possible downside due to profit taking after the pump.Shortby lukeyhwh4
🤖 AI Stock Chart: Unveiling a Running or Expanding Flat PatternChart Pattern: 🚀 Bullish Running or Expanding Flat Hello, TradingView community! Today, we're delving into an exciting development on an AI stock chart. Two distinct yet complementary patterns seem to be forming - a bullish expanding flat or a running flat. Both hint at a potentially significant upward move in the near term, suggesting an interesting trading opportunity on the horizon. Expanding flats and running flats are two continuation patterns often observed in Elliott Wave theory. They usually signal a brief pause in the trend before a resumption of the initial trend direction. An expanding flat typically consists of three waves (A-B-C), where both the 'B' and 'C' waves exceed the length of wave 'A'. A running flat, on the other hand, is characterized by wave 'C' surpassing wave 'A'. Watch out for trading volume as well. A substantial increase in volume as the price breaks out of the flat formation would provide additional confirmation of the trend continuation. Also, keep abreast of any significant news or announcements from the company that might impact the stock's price. Stay tuned as we continue to monitor this captivating AI stock chart. Make sure to like, follow, and share your thoughts in the comments section. Happy trading! Longby optimizedtrading4
C3.AI: AI = SHORT - wyckoff distribution & bearish divergence1st - Bearish Divergence: RSI & MFI on 1D & 1W chart 2nd - Wyckoff Method: Distribution TR phase C (UTAD TEST) more pronounced in the 4&1H charts. Analysis: There seems to be weakness in the stock, and despite the recent highs and uptick in volume the exhaustion can be seen per the TA presented. BUT REMEMBER, the AI craze is still on going and this could be invalidated in minutes if the whales choose to push the price higher. Targets if you trust the analysis: Its pretty simple, I use fib retracement levels 21% and 38.2% as targets. remember to use risk management and positioning! *THIS IS NOT AN INVESTMENT ADVICE, JUST SHARING MY ANALYSIS AND INTERNAL THOUGHTS TO MYSELF* Shortby Isranuell337
AI Possible Buy Between 30 and 40I would like to see PLTR take a break and consolidate sideways for a bit, a healthy pullback below 40 would be a great opportunity to purchase on the dip. I marked the next area I'm accumulating in the meantime I'll continue to watch price and volume action. I'm concerned with the April 4th large distribution day, keeping an eye on it. Longby works2020Updated 441
Strong Momentum - Broken Resistance - Strong Momentum - next Stop 50 ! keep your stop losses in place. - Happy Trading Longby wiseinvertor1288Updated 10
C3.AI Running Hard on the AI HypeUp 100% over the last few days but WELL down from its original launch highs. Looks well and truly overbought, but the hype around AI will probably be the next big bubble. I'm starting to look for AI stocks but they are definitely super speculative at these early stages. Stocks like NVDIA and AMD more likely to be the big boy long term winners, but some of these smaller speccies could be worth a watch. Check out their web page and see what you think. c3.ai by zAngusUpdated 9938
Higher Closes ExceededWe have exceeded the previous turning closes of March and May today. And as we had retraced the May rise by 50 % earlier we may expect another test of the May high or even a bigger retracement of the big Covid decline.Longby motleifaulUpdated 3
AI longLong on AI at 38,10$ after correction. SL at 29,55$. This might be good longterm investment. If price goes up I plan to move SL to BE and hodl.Longby majkelkors223
AI - MyMI Option Plays - $40 July Call OptionsWe just repositioned myself with some share purchases in the After-Hours on Friday and after watching the open this morning, we decided to purchase some CALL C3 AI INC CL A $40 EXP 07/21/23 as I expect this to retrace back at the $38 Dollar Price Level and form continuation in it's growth pattern setting it up for becoming a future power house for a stock!by MyMIWalletUpdated 6
AI Short-term price correction, there is room for upsideOver the past three months, C3.ai's stock has shown some growth, with an increase of 13.27%. However, the market's reaction to the company's recent financial reports and expectations seems to be complex. Here are some key points on the company's recent performance: In the fourth quarter of fiscal 2023, the company's revenue remained largely in line with the same period last year, slightly outperforming Wall Street's expectation of a 1% decline. The adjusted earnings per share for the quarter were $0.13, lower than analysts' forecast of $0.17. The revenue forecast for the first quarter of fiscal 2024 is stronger than Wall Street's expectations, but the full-year revenue forecast is lower than the market consensus. This may be the main reason why C3.ai's stock fell 22.4% after the announcement of its financial results. From a financial perspective, the company's cash flow is improving. In this quarter, C3.ai generated $27.1 million in cash from operations, a significant improvement from the $13 million cash used in the same period last year. Moreover, the company generated $16.3 million in free cash flow, up from a negative $14.8 million in the same period last year. At the end of the period, the company held $73.1 million in cash, cash equivalents, and short-term investments. Subscription revenue achieved during the quarter increased 1% year-on-year to $56.9 million, while professional services revenue declined 3% to $15.4 million. The company launched the C3 Generative AI solution, which was warmly received by the market. Furthermore, the company has completed three agreements for C3 Generative AI applications, all of which are expected to be operational in the first quarter of fiscal 2024. Overall, despite the increase in C3.ai's stock price over the past three months, the company's revenue expectations are lower than market expectations, which may have sparked market concerns. From a technical standpoint, the stock is currently in a price correction zone following an overbought situation, with institutional profit-taking causing a price pullback. On the daily chart, we can clearly see this, with the stock's price starting to pull back after hitting a near one-year high. The RSI has now left the overbought zone, and the bullish momentum in the MACD indicator at the top is significantly shrinking, possibly indicating an impending bearish crossover. Looking at Fibonacci retracements, the current pullback is at the 50% level, which serves as a crucial support level in the overall uptrend. If the 50% support level ($30.49) holds in the upcoming daily trends, the next target would be near $50. Conversely, if this support level is broken, we should first observe the 61.8% Fibonacci retracement as the second support level.Longby TradingJ8887
A1 ( C3.AI ) bull setup c3 .ai bullish setup tp 1 ,2 3 marked on the chart.. good luck to u Longby ys03korea6
Best AI stock for 2023 🤖 Recently, everyone is talking about AI. So which companies to buy and is it worth it now? At the moment, leader among commercial implementation of artificial intelligence is a non-public company OpenAi. Microsoft ( NASDAQ:MSFT ) has made a big contribution to development of OpenAi - therefore its a direct beneficiary of spread of GPT chat. 📱 The rest of Big Tech shares: NVDIA, Tesla, Meta - also have a direct participation in development and popularization of AI. That is, now AI is about the growth of Big Tech shares, which have already grown by + 50+70% since the beginning of this year! It's a lot. For example, Apple is generally ~4-5% of its historical maximum 😱 In context of incoming data, we see that conditions in world's economies are destroying, which means that IT sector will not be able to pull market for a long time and will go into correction. Sp500 will also go down accordingly. And this means that the hype around AI will soon cool down ♨️ But, we would like to highlight one company that will be interesting in the medium term. She is engaged in development and training of AI. ➖ Of the minuses, the company has no profit. Strongly overbought by P/S ~12 (up 200% YtD). ➕ The company has no debt. There is a very promising direction. There is a revenue of $266 million. Huge stock volumes starting in 2023 📊 The next report will be June 1st. If the company makes a profit, there is a chance to grow by +50%, but then the stock will fall. ❇️ Ticker: NYSE:AI ✳️ Buy limit orders: $25, $20, $17 📈 Growth potential: up to 200% by the end of the year. 📉 Downside potential: up minus 50% by the end of summer. Write in the comments on what other assets you want to get an analysis 🔎 If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.by Dorado_Crypto8
Time to see if the retracement is correctiveYellow full bull and wave 3 of 3 incoming. Red count would represent lower lows. For the moment, we are waiting for the clean ew structureby PK_SEND_IT1
AI: Sell ideaSell idea on AI as you see on the chart because we have the breakout with force the vwap indicator and also the breakout of the support line by a big red candle with a large red volume.Thanks!Shortby PAZINI193
Flat correction in play.From what it seems, AI made a 3 wave move before dropping impulsively. That drop doesnt look corrective so i expect following potential outcomes. Leaning more to deeper correction. (Red pattern) Flat corrections require 3/3 /5 patterns It looks like A (Flat) B (Zig zag) C (Impulse) (for the moment its only 1 of 5 waves. My longs are safe with stop loss in profit. Waiting game for more resolution.by PK_SEND_ITUpdated 666
AI - worth a watchThis is a stock I've recently bought, based on the technical readings alone. Fundamentally it may not be worth a long term hold, but I do believe it's a good trade opportunity. As you can see we had a falling wedge and breakout on the weekly with weekly bullish divergence on the RSI. We are currently over the 18 on the week , so bias is up. However, we also just reached the weekly BB, so some resistance here is to be expected. If they can hold 12 dollars, this may get a bounce to at least 20 and if it really takes off, 34 and possibly 50. There's no volume but it does seem to be finishing a base here. I can't guarantee if this is an area to buy, but I do recommend this stock as a watch in 2023. Longby the_sunshipUpdated 141432
2023.6.1 Will the stock price of C3.ai weaken in three weeks?2023.6.1 Will the stock price of C3.ai weaken in three weeks? This chart shows the weekly candle chart of C3. ai's stock from its listing at the end of 2020 until now. The graph overlays the lines between the highs and lows of the past two years, the lines between the lows and lows, and the horizontal line of the strongest pressure level closest to the current stock price! As shown in the figure, the stock price of C3.ai began to rise in early May 2023 and has been closing positive for 5 consecutive weeks. After breaking through multiple pressure levels, it showed a standard form of releasing momentum by jumping short and opening high this week! In the next three weeks, there is a high probability that the rise of C3.ai will come to an end, retreat from the starting position of bearish positions in early April of this year, and then choose a new direction to break through! by Think_More0
AI C3.ai Options Ahead of EarningsAnalyzing the options chain of AI prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $6.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 448
Another AI company popping up.....Please DYODD. This company was a target of short seller,Kerrisdale Capital last month for alleged accounting and disclosure issues. While the recent revenue has beaten analysts estimates, one needs to dig deeper into its financial to establish if it is a worthwhile long term investment......Longby dchua19693
AI is the meme of 2023. This is $AI stock. SimpleWith only a 3 billion market cap this stock has potential to rocket from retail money. Love the ticker. This stock has already had a huge rally this year and I expect it to continue and become a new meme stock of sorts, fueled by hype for the AI sector. Target is 109, the price it reached on it's IPO day.Longby inanis_Updated 101024