AI trade ideas
forecast for EOY AI has a gap at 115 seems to be filled as soon as the upcoming 2-3 earning will prove that c3 is getting a 30% or more growth rate year over year. or any growth rate better than the previous quarter we had.
always do your own DD.
my entry 46 exit 115 which presents more than 140% gain in this trade
AI Long $75 at least by the end of July
XABCD pattern verified and no further gaps to be closed any lower.
There are two gaps above to be closed however and in the short term the $75 gap will be closed.
we are starting to see the MACD turn white and inevitably into green soon.
Stop loss placed at $47 with a price target of $75-85 late July early August.
Needs the Cramer bumpSiebert did an interview with John Forte, and I really like Forte's journalism but he really needs to get a spot on Mad Money and talk up his book. This stock absolutely sucks since the tech route, they could knock the cover off the ball still wouldn't matter. So how long this thing is continually hated is anyone's guess. I'm assuming lockups are done, and it's business as usual here. Software as a whole has gotten a major re-value as far as what investors are willing to pay up for it.
That said, weak hands look flushed. It's flat-lined. Where to now, my guess is gradually up from here. If there's further selling, I'm a monkey's uncle. Jesus Christ, stop beating a dead horse and move on to tech burrito joints like CMG that could use a healthy round of short interest.
🟢 NEW POSITION $AI Target 86.22 for 46.43% $AI Target 86.22 for 46.43%
Or double position at 31.54
With optional adds at 54.30, and 56.33
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
If you understand options at all I’m trying to learn so shoot me some pointers…