AI - worth a watch

18 Jan 2023

This 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.

20 Jan 2023

Nota

AI will likely close the week above it's 18ma, last time it did was August of 2022.

30 Jan 2023

Nota

A pullback to the 18ma weekly (currently at 13 but will will be higher) would be an objective buy for AI target 25 area sometime this year, maybe more.

31 Jan 2023

Nota

daily bearish divergence and we're close to a gap. I still thik it pulls back soon, but the bottom is likely in on this stock.

2 Feb 2023

Nota

1st major resistance area reached

13 Feb 2023

Nota

AI is close to it's 18 and 20ma on the daily chart. between 20.5 and 19.5 should act as support, maybe as low as 19.

14 Feb 2023

Nota

AI found support at the daily 18, any pullback is still a buy here.

17 Feb 2023

Nota

support area here, likely goes higher to test highs

4 Mac 2023

Nota

probably makes a slightly higher high this week, but RSI looks like it would be warning of a larger pullback after.

19 Mei 2023

Nota

Haney updated in a while.... A bit higher on AI probable but I wouldn't get on higher highs right now with the rsi like this on the daily.

1 Jun 2023

Nota

weekly rsi was warning of reversal. lots of support at 26-25 area