C3.AI still good? Earnings coming up!


Price action (Update 25 May 2024)

- Since the previous earnings gap up, C3.AI has come down 47% and recently recovered abit

- It has since broke back into the previous range (overcoming the level of 23.70) back into the range of 23.70 to 32

- Earnings is on 29 May 2024

- Multiple MA lines as resistance (a big gap up will create a good support below)


Bullish response to earnings (My chosen thesis)

- Gap up and move towards Fib extension target of 30.23

- 32 to 36 is quite an easy move with little resistance


Bearish response to earnings

- A bear flag fib extension points to support around 17.66 to 19.65


Good luck, all!

C3.AI Daily Chart - 25 May 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$C3.ai, Inc.(AI)$  

# 💰 Stocks to watch today?(22 Nov)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • Deposit
    ·05-26
    v good!
    Reply
    Report
    Fold Replies
    • Asphen
      indeed!
      05-26
      Reply
      Report