AI trade ideas
C3---> an offer you cant refuseC3 a new IPO. Regarding its fundamentals i am not sure but one thing i know there is good divergence in 2 hous charts and volume has been decreasing day by day. this indicates that reversal and bullish moves are coming soon. I believe that this is a very good entry point. C3 is ready to run >also the major resistance is around 90 so there is lots of room to run. It is a offer you cant refuse
Best strategy would be a put credit spread
Ideas are for education and entertainment, not a trading advice
Pump and Dump Followed by Pump
Tom Siebel wasn't lying to CNBC on March 2nd, 2021 when he said "it's a volatile market, and share prices will take care of themselves". Afterword's he sold several million shares.
At the height of the delusional tech market fetish for growth stocks, C3.AI went from $43 IPO to $100 on the first day.
Astonishingly, bulls went crazy and sent the share prices to $183.00 on December 22, 2020.
It then corrected to $112/ share in early January, then bulls went at it again, if the capital can be stormed, why not wall street?
C3.AI then shot back right up to $170 on February 9th, 2021. But good times never last forever (look back at the 2000 tech correction).
The first quarterly report was a reality check, on top of it the NASDAQ corrected due to the media's excuse of rising bond yields (despite the fact its just a simple rebound to pre china virus levels).
Certainly the GameStop and AMC short squeeze played a roll in inducing the tech sell off, hedgies after all needed to pad their pockets and minimize risk to themselves and share holders.
They covered their short losses from the squeeze buy selling off their tech positions. Greed and Fear dominate wall street. What human being enjoys losing money? Maybe the joker if its someone else's he's burning.
Long story short, the insiders always win at the expense of retail investors like you and I. It's best to play their game and buy when those cock suckers buy. Will C3.AI become a successful corporation and dominate the market?
Perhaps, but in the mean time, take the money and run. Wall street doesn't give a shit about you. Its all a fugazi.
C3.AI should experience resistance around the $40.00 range then be pumped up with another delusional bull run, never cut yourself by catching a fast knife. Of course should World War three happen, then expect everything you've ever owned to burn up in nuclear fire (worst case scenario).
Its best to be a realistic grizzly with bull horns. Never have faith in a corporation.
AIAI has been bleeding since feb and since it's new, it's harder to chart. However, it has been going down without any correction or bounce. I'm expecting atleast a short term bounce soon. RSI is low and putting in higher lows as price moving down which is a bullish divergence. Not financial advice. DYOR.
Good news $AI Bulls!There's no denying that $AI has taken a beating in the recent months. However, I am confident that we have reached the bottom(or at least near) and can start the road to recovery.
If today's reversal holds, I am confident that we have seen a Bullish Harmonic Butterfly pattern and can expect us to land back in the high $100s by EOY. Likewise, the Bollinger Bands indicate that the stock is oversold and due for at least some type of correction.
Disclaimer: I bought at $100 near its IPO. This is an investment to me, not a trade, and I will continue holding at least until LT capital gains tax. Trade how you see fit.
"The share price will take care of itself". - Tom SiebelEarly 1st quarter 2021 was a delusional bull market for Tech, reminiscent of 1999. Many corporate owners took advantage of the Hype, namely Tom Siebel.
There were a lot of IPO's and direct listings at the end of 2020. Since yields are going up, and the Fed is gradually abandoning its easy money policies, the tech sector is being shorted back to reality.
C3.AI had an IPO of $43.00, delusional Bulls drank the coolaide and bought at $100.00 per share, the dumping price.
Astonishingly, the price then shot up to $183.00/ share, almost quintupled in price (almost like Gamestop)!
There is resistance at the $64.00 line, once prices breach this line, expect C3.AI to be shorted to atleast the IPO price of $43.00/ share.
Should the Nasdaq slide to 11,000, expect C3.AI to trade in the $20 range.
I can guarantee you that insiders will sell, the CEO already has!
I wouldn't go long on this until maybe Summer time or if share prices hit the $20 range and a genuine reversal pattern is indicated.
In the mean time, money can be made by scalping and going short during the tech bear market.
Comment: Scalp the dead cat bounces!
Tom Siebel wasn't lying when he said "it's a volatile market, and share prices will take care of themselves".
Bottom Fishing Watching ONLY!I have been following this one for a week or so to see how low she will go. I am watching only due to lack of support at this time.
This looks like it is trying to form a butterfly pattern. When D is below X, you are possibly looking at a butterfly or a crab. The crab is ruled out at B as it pulled back close to the .786 of the XA leg. The shark also has D below X, but in the shark pattern, C is above A, so the shark is ruled out. Price can go to the 1.618 fib level according to the crab pattern. A cypher pattern and the crab are similar, but in the cypher pattern, CD pulls to the .786 of XA. I would not want to get the crab and the cyper confused with each other. )o:
You can begin figuring out which harmonic pattern you have at the end of the AB leg. After C completes, you can rule out more patterns.
The Gartley pulls back to the .618 on the AB leg. Some folks are more flexible, but D would not be below X.
Price has passed the 1.27 fib level by a few dollars. The butterfly has a CD leg that is 1.27% of the XA leg. There is no bottom forming as of yet. Price did accelerate after hitting the low of 61.81.
Until a bottom, or consolidation begins occurring at a specified level, I am not planning to trade this.
It can be a matter of deduction to figure out which harmonic pattern you are looking at. A matter of ruling out other patterns.
Negative Volume is low and short interest is over 7% depending on where you look. Price has been making a new low almost daily. There is no support to catch this one below price so would be difficult to place a stop. AI will have to form a bottom to pull in sellers when it reaches a level that makes folks become bullish.
This is one reason I do not like trading IPOs. There is a lack of support that years of trading can provide.
No recommendation
AI Rally Iminent!!!$$$!!!After a 45 day Selloff and insider trading, C3.AI is oversold. The TNX rise is diminishing, thus granting relief to equities and easing investor anxiety surrounding treasury yields. The federal reserve is dovish on its monetary policy, and has postponed any interest rate increases to 2023. The rotation from cyclicals into tech will be a catalyst for C3.AI's share price increase. The VIX is stabilizing, the GameStop short squeeze is at its twilight stages.
12 Wall Street analysts have issued ratings and price targets for C3.ai in the last 12 months. Their average twelve-month price target is $141.33, predicting that the stock has a possible upside of 88.29%. The high price target for AI is $195.00 and the low price target for AI is $72.30. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
Time to stock up on C3.AI!
Bought 10 AI @$80 Target $410 Date Dec 31, 2021 Recalibrate C3 Ai Inc
Bought 10 @$80 Target $410 Date Dec 31, 2021 2nd attempt
Bought 10 @$118 Target $410 Date Aug 2, 2021 1st attempt
Buy limit @$70 Buy limit @$70
C3.ai is a leading enterprise AI software provider for accelerating digital transformation.
The proven C3 AI Suite provides comprehensive services to build enterprise-scale AI applications
more efficiently and cost-effectively than alternative approaches. The C3 AI Suite supports the
value chain in any industry with prebuilt, configurable, high-value AI applications for predictive
maintenance, fraud detection, sensor network health, supply network optimization,
energy management, anti-money laundering, and customer engagement.
Founder: Thomas Siebel (CEO)
Launched: 2009
Headquarters: Redwood City, California
Funding: $387 million
Valuation: $3.3 billion
Key technologies: AI, cloud computing, deep learning, edge computing, explainable AI, IoT , machine learning
Industry: Artificial intelligence, big data
Company Website: c3.ai
The 2020 CNBC Disruptors private companies at the epicenter of a changing world,
List: 2 (No. 50 in 2019) c3.ai
C3 Ai Review youtu.be
AI - Bounce to $120 ComingI like it.
Long-term seems like a good hold. Well diverse AI company providing intelligence across many sectors from banking to utilities to healthcare.
Short-term, looks oversold some bullish divergence. Could bounce back to $120-125 range. Could it go higher? Only if rest of momo and tech stonks follow.
It is a short term bounce play for me.
If you really want to test your wife's love for you, sell her ring and dump it into Ai.
