C3.ai Remains Weak

21 окт. 2023 г.

Just looking at ai for the first time in weeks and it's trading as expected. May even hit $19.00 because as at Friday the 50 and 200 day EMA's have converged and if the 50 completes a bearish cross of the 200 my target is highly likely though it could have a small bounce at $21.00 The MFI is showing Neutral and the TSI remains weak. As well since September 7th the overall all price trend has remained below the 7day EMA. I'm really not seeing anything Bullish at this time that says it may turn around.