$AI – Price at a Pivotal Level | Bounce or Breakdown?
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📊 C3.ai (AI) is sitting at a critical support level.
🔹 Price Action & Key Levels Current Price: $21.61
Previous Week Range: Mon, Mar 3 - Sat, Mar 8 Previous Weekly High (PWH): $24.35 Previous Weekly Low (PWL): $20.92
Previous Day Range (Fri, Mar 14, 2025) is a crucial demand area. Previous Day High (PDH): $21.78 Previous Day Low (PDL): $21.20
Fibonacci Range: Wed, Dec 28, 2022 - Fri, Jan 16, 2023 Fibonacci 0.618: $24.95 (Resistance if the stock bounces) Fibonacci 0.786: $18.44 (Downside risk if support breaks)
🚀 Bullish Case (Price Needs to Hold & Bounce) If AI holds above $21.20 and reclaims $22 and $23, momentum could push it toward $24.35 and higher. Price above $24.95 (0.618 Fib) confirms strength to the upside.
🚩 Bearish Case (Break Below $20.92 = Danger) If AI breaks below $20.92 (PWL), the next downside target is $18.44 (0.786 Fib).
📌 Holding AI 21 MAR 25 $23 Calls @ $0.30 - Entry: Higher low and between the 0.618 and 0.786 ($18.44 - $24.95) Fibonacci range to the upside. - Target: $0.45 on the options contract, 50% profit - Stop Loss: $0.20 on the options contract, 33% loss.
🔹 What Does C3.ai Do? C3.ai (AI) is an enterprise AI software company that helps businesses predict, automate, and optimize operations using AI.
💡 Example Use Case: Shell (Oil & Gas) uses C3.ai’s predictive maintenance AI to analyze sensor data and detect equipment failures before they happen—reducing downtime and saving millions.
Some other industries and areas AI is doing business in:
Banking: Fraud detection & risk management
Healthcare: AI-driven diagnostics
Manufacturing: Supply chain optimization
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
Lol ThinkOrSwim (ToS) closed out my contract at $0.32 yesterday, Monday, Mar 17 @ market open (9:30am) when the contract price moved from 0.30 -> 0.23 -> 0.33 within the first minute.
Weird because I had my stop at either $0.20 or $0.45 and although it didn't hit $0.20 it did hit $0.45 at 9:38am.
I didn't complain yesterday to ToS but will complain today. -_-