C3.ai, Inc.Long
AI Long Continuation
Updated
Long Idea.
Since the beginning of 2023, AI has been in a daily uptrend, currently trading above its 200 DMA. It also seems to be a favorite short candidate given its downward trajectory in 2022, so there's squeeze potential.
A distribution has been built < 15, and 20 has been acting as strong support since February, enabling price to make higher highs. Along with a higher distribution built > 20, this implies price wants to continue building or explore higher.
Buy targets: 20-22
Profit targets: 24 / 25 / 26 / 28
Long trade is invalided < 20.
Since the beginning of 2023, AI has been in a daily uptrend, currently trading above its 200 DMA. It also seems to be a favorite short candidate given its downward trajectory in 2022, so there's squeeze potential.
A distribution has been built < 15, and 20 has been acting as strong support since February, enabling price to make higher highs. Along with a higher distribution built > 20, this implies price wants to continue building or explore higher.
Buy targets: 20-22
Profit targets: 24 / 25 / 26 / 28
Long trade is invalided < 20.
Trade active
BOT AI 100 (Weeklys) 14 APR 23 28.5 CALL @ 0.1Saw some unusual activity for OTM calls and thought it worth the punt.
Trade active
Riding these zero or hero because I thought it was worth the punt, but will find a better entry based on the above after.Trade active
Late on this, but I'm in 19 MAY 23 30 CALL @ 0.85.SL is 0.6
Trade active
Sold AI 100 21 APR 23 25 CALL against position for some premium and to buy some timeNote
sold the above for 0.25. currently 0.2Trade active
Sold premium calls for 0.25 looking good to expire 🤞 free money while waiting for upside.
Note
Also: I moved the stop down to 0.5 to accomodate the premium. Still want to stay inTrade closed: stop reached
Sorry ya'll, stopped out completely and trade is invalidated. Will revisit under different market conditions.
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