Green Flags Galore on This AI Stock

It’s been a bearish week so far on Wall Street.

But there are always great opportunities somewhere.

One I really like is (AI).

Its current chart is already showing signs it could head higher. And I go over all of those signs in detail in today’s video.

Click the image below to watch.

Green Flags Galore On This AI Streak



The first chart is in Academy Sports and Outdoors (Nasdaq: ASO), which I covered in the watchlist yesterday morning. Yesterday we actually got the perfect entry off the 21-day exponential moving average, but ASO is still, more or less, a perfect chart. Great trend, great pattern, great squeeze… and as bonuses, we also have earnings coming up and high short float. I want to get long around $59 and stop on a daily close under $57, with my target being new highs over $64.

Academy Sports and Outdoors(Click to enlarge)

The second chart is in (NYSE: AI), which I have been covering and continue to like. We have a daily squeeze here, which looks like it will fire long and take AI into the mid-$30s. I am waiting for a fresh signal to emerge on a shorter-time-frame chart like the hourly chart. I marked up the chart below to show where I think the price will consolidate – if that happens, I’ll be looking to get long in AI yet again.

C3.AI Chart(Click to enlarge)

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P.P.S. I am really excited for a special project you will hear about later this week – right here in Trade of the Day. I’m working on finalizing the details of this new, one-of-a-kind project, which will show you how I achieved millionaire status. Now, I can’t reveal all the details just yet, but stay tuned for updates.