AI-(Follow Up) SUPER Bullish Chart!
My last post on AI was June 21st. I said it was a good entry point under 58 that day and there was little downside at that level. It promptly rallied to just above 67. The subsequent pullback has led to the inverse H&S finishing the build out of it’s right shoulder and today the opportune entry point. We are now at a very LOW risk, HIGH reward level. This is BOTH a long term investment and a trade for a possible double in a reasonably short timeframe. The gap in the 115-120 area is my first objective. PS: As you can see above I was already very bullish on this chart set-up. Now I am even More so as the right shoulder has also formed a cup and handle. This is going to be a big winner!
We may be entering a market correction here, AI could be rolling over here.
Don’t care if market corrects(quite possible). AI already had it’s correction and has built a beautiful base. Going higher.