Loading ...Question to Sir Chartsmaster: AI
Sir CM,
Are you ready to buy AI now?
You have mentioned 2-3 times that you’d buy IN ANY SCENARIO at 16 … but what if they cooked the accounting books? I do not think that scenario was on your radar.
Lately a lot of things get blamed on research reports by “short sellers” (Adani in India, fraud by Frank/JPM etc. etc.)
Fell from 34.68 to 21.05 in roughly two trading days.
Why am I seeing Fibonacci numbers?
With best regards,
GL
No, cooking the books wasn’t on my radar. However the chart will tell us how to proceed. If the gap fills and the chart builds a base then it is likely a tempest in a teapot. If the stock breaks down and continues to make lower lows then maybe they are crooks and I would stay away. Will continue to monitor the chart.