C3.AI .STOCK.Weekly analysisHello ladies and gentleman,according my analysis To C3.AI STOCK .there is agreat probability long to 48 USD..
AI trade ideas
C3ai may return back to IPO priceWell supported by 50D MA on weekly chart.
Major support level between $24.50 - $27.30
Eying price to return back to IPO price at $42.
Last Call Fell through... Time for Plan B on AIPrice dropped to support line trend.
Looking to follow the support upwards to find 28$ in the next week.
Reasons why i think this
1. Volume is on the rise
2. 50 ma moving to cross the 200 ma
3. Stochastic RSI is over sold
AI to 70$?Sorry for the Novice chart but im new to charting and still learning.
I think the price of AI is due for a run and will make it up to 68-70 TP.
Im also looking for a bounce off the 0.618.
Please let me know what you think and where i can improve!
Thanks
AI C3.ai Options Ahead of EarningsIf you haven`t bought AI before the previous earnings:
Then analyzing the options chain and the chart patterns of AI C3.ai prior to the earnings report this week,
I would consider purchasing the 30usd strike price calls with
an expiration date of 2023-12-29,
for a premium of approximately $3.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
C3.ai potentialThis is one to watch IMO
target is 50$ we are on trend support now. a longer term hold but looks to be a for sure 100%
the question is just how long till then
AI AnalysisPrice played out nicely as my last analysis, mitigating the bullish OB at 23.82 and respected it. This move gave us an upside move of +36.55% while filling the FVG at 29.55. Right now, I'm expecting price to make a bearish retracement from here, and potentially taking out the equal lows at 23.31.
C3.AI Stock Soars After OpenAI Dilemma The technology industry was thrown into turmoil over the weekend after OpenAI fired CEO Sam Altman and staff threatened to quit. At the end of the day, Altman announced he would be joining Microsoft and most of OpenAI's staff has threatened to quit.
One of the beneficiaries today is C3.ai (AI 1.11%), which has seen its stock rise as much as 8.2%. Shares are up 7.3% as of 12:40 p.m. ET.
C3.ai Captures the AI imagination
The stock performance of C3.ai has been driven more by artificial intelligence hype than anything else this year. The revenue is up just 3% in the past year and the company is losing money, but that hasn't mattered because the stock is up 58.3%.
Price Momentum
AI is trading in the middle of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
The Move To $56In the current market and based on C3 AI being in a uptrend. We have found support like many other stocks at the 50 week moving average continuing the bullish trend on many stocks. Now I have high hopes based on the previous swing we had that this swing will duplicate that move and if so we will reach $56 in the next coming weeks. Now this is important because I have strong feeling in december there will be one more rate hike before the 2024 rate cut year. Fed Powell did say he would raise interest rates one more time before the end of the year and I believe thats in december.
So basically we have strong market to hit $56 in this month and then december comes around and fed Powell is gonna hike rates one more time to cool down the stock market. Before the big bull run in 2024. Good Luck longs on this stock I will say I am small cap holding $2k worth of C3 AI right now.
C3 AI's strong support level holding My thoughts on C3 AI is that we are in for a correction soon to the upside. We have been in a sideways market for a few weeks and I strongly believe the break further to the downside would have happen already. But due to interest rates staying the same and next year being the ultimate interest rate cut year there is a lot of upside for the whole stock market not just C3 AI. I am long on this stock because it has a lot of value in this kind of market condition. But let's be real AI is the new kid on the block and one thing we know about new kids on the block is they get pumped by retail investors causing large corporations to cover shorts lol. Let's also be more real you can already see that the shorts have been covering since the last pump this stock did they are scared. But do your own homework and when this stock hits $150 let's grab a drink cheers.
AI TASignificant Support Levels: AI stock is currently interacting with a pivotal support zone, marked by repeated tests throughout the year. The ongoing fourth retest underscores the crucial nature of this level and implies a powerful corrective force in play.
Fibonacci Confluence: This support aligns seamlessly with the Fibonacci retracement level at $23.60, amplifying its importance. Such confluence between different technical indicators often suggests a heightened level of market attention.
Short-Term Momentum: The price is facing downward pressure from the 5-day moving average, indicating that short-term momentum is skewed towards the bears.
Key Psychological Barriers: It’s crucial to note the $20 price point, a round number that traders often regard as a psychological threshold. Such levels can trigger stronger market reactions.
Potential Trading Scenarios:
Bearish Outlook : Should the stock break below the highlighted support, it might seek the previous consolidation low around $20.64, closely aligning with the $20 psychological level. Whole number often times presents a significant point of emotions.
Bullish Strategy: If the stock finds substantial support near $20.6, this zone could present a compelling opportunity for long positions. Conversely, a short play targeting the $21 region offers a potential downside of approximately 10%.
C3 ai is going to zeroStudying charts and fundamentals over in the past. I've seen this before. Post IPO drop and 1 pump then to zero. The company hasn't posted a profit yet. Revenue hasn't broken 100 million. In an industry such as AI and companies with billions in competitive advantage. It's looking like C3 ai days as a publicly traded company are coming to an end. As well as one of the highest short interests. Save your money.
C3.ai Remains WeakJust looking at ai for the first time in weeks and it's trading as expected. May even hit $19.00 because as at Friday the 50 and 200 day EMA's have converged and if the 50 completes a bearish cross of the 200 my target is highly likely though it could have a small bounce at $21.00 The MFI is showing Neutral and the TSI remains weak. As well since September 7th the overall all price trend has remained below the 7day EMA. I'm really not seeing anything Bullish at this time that says it may turn around.
AI - WaitingIn my opinion there is an important weekly support at 20.30 maybe we're going to retest it, And in the same time I see Anti-Alternate Shark harmonic pattern is going to be valid in the same point. So that going to be my entry point for call, and we can update after we reach that level and the pattern is valid.
AI, will retry to reverse to the upside very soon..AI is conveying a shifting price on the daily data and an apparent accumulation has been spotted at the current levels.
Expect some bounce from here on.
SPOTTED at 17.00
TAYOR.
safeguard capital, always.
AI AnalysisPrice played out exactly as my last analysis, giving us a 16.55% move to the downside, mitigating the bullish OB. As the reaction to the upside is small, I'd expect a further mitigation into the bullish OB.
AI Holding the 1D MA200. Most optimal buy entry.C3.AI (AI) has been trading within a Channel Up pattern since the December 28 2022 market bottom. The previous Higher Low was priced while it was testing (and holding) the 1D MA200 (orange trend-line). This is the exact situation we have now, with the stoch trading at the bottom (Higher Lows trend-line) of the pattern, holding the 1D MA200 as Support. At the same time, the 4H RSI is showcasing a Bullish Divergence, being on Higher Lows while the price is on Lower Lows.
As a result, this is the most optimal buy entry, and as long as the price trades within the Channel Up, we will target $72.00 (+180% rise).
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AI to All Time HighsA break of the last local low of 25.54 is clear invalidation. Todays low of 26.42 should mark the low going forward.
AI AnalysisPrice is on a steady downtrend. Price has recently filled the fair value gap at 29.55. I'm expecting price to continue lower into the bullish OB at 23.82 to mitigate the orders before waiting for confirmation to go long from here.
Major support areaWe have confluence with 200 MA and Touching the channel. Big move either up or down coming very soon
