Investing
Haven
No Result
View All Result
Forecasting Global Markets
  • Login
  • 2024 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
  • Markets Q&A
  • Top AI Stocks →
  • Top Silver Stocks →
  • TOP ENERGY STOCKS →
  • Top Lithium Stocks →
  • CRYPTO SELECTION →
Investing
Haven
  • 2024 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
  • Markets Q&A
No Result
View All Result
InvestingHaven
No Result
View All Result

Artificial Intelligence Stocks: First A Drop To Support, Then A Breakout Attempt

by Taki Tsaklanos
February 12, 2023
in Markets & Stocks
0
Tags: AIQ
ai artificial intelligence stocks
Share on FacebookShare on Twitter

Artificial intelligence stocks were hot in the month of January. Some believe it’s another bubble or temporary meme stock phenomenon. We don’t think so, AI stocks are probably just starting an epic secular bull market.

It was not only in the stock market that artificial intelligence stocks did well. Even the AI tokens did very well, we hit a few multi-baggers in our crypto service in the month of January, at a time of mass exodus of crypto investors.

That’s how it always goes: the majority of market participants miss the best opportunities.

That said, artificial intelligence stocks as per the Global X Artificial Intelligence & Technology ETF (AIQ ETF) are working on a very bullish setup.

Just to be clear, this bullish reversal is not complete. There are a few reasons for this:

  1. Broad markets are not ready for a bullish momentum rally, not yet. Please read Leading Indicators Confirming A Pullback Is Underway and A Reasonable NYSE Target For March of 2023.
  2. Tech stocks are not ready for a bullish momentum rally, not yet. Please read Tech Stocks Getting Close To A Secular Test And Potential Buy The Dip Opportunity.
  3. The AIQ ETF chart hit resistance, the same level as last August.

A drop from the top to the bottom of the red shaded area that is annotated on our chart below is what we need in order to improve (even more) the profile of this AI ETF. If 21 points will hold, we need the highest of 3 falling green trendlines to be broken to the upside.

If both conditions will be in place, this chart will have an epic bullish reversal, one that will push AI stocks much, much higher!

In our stock market investing service Momentum Investing we are preparing a special about artificial intelligence stocks. We will pick out 2 high potential tech stocks to buy in March, aiming for 50 to 100 pct upside potential.

artificial intelligence stocks

Receive our weekly newsletter.

*We hate spam as you do.

premium service trade alerts   premium service SP-500 premium service auto trading   premium service crypto teaser  
[OPPORTUNITY] InvestingHaven.com offers a passive income opportunity. While passive income has been exclusive to people that earn royalties, we succeeded in democratizing it. Through a uniquely designed trading strategy, we aim to hit compound portfolio growth. Over the long run, this implies 10x portfolio growth. Passive income service >>
Taki Tsaklanos

Taki Tsaklanos

Taki has +15 years of experience in global markets. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. Twitter: twitter.com/investinghaven

Latest

silver bullish bearish

A Silver Price Forecast For 2024

November 28, 2023
commodities investing

Which Commodity Will Outperform In 2024?

November 28, 2023
gold price forecast

A Gold Price Forecast for 2024

November 28, 2023
markets investing emotions

How To Know If Stocks Will Tank In 2024?

November 26, 2023

Connect with InvestingHaven

Receive top notch forecasts for free.

*We hate spam as you do.

Categories

  • 2024 Forecasts
  • Stocks
  • Commodities
  • Silver
  • Lithium
  • Crypto
  • Markets Q&A

Site Navigation

  • RSS Feed
  • About us
  • Mission 2026
  • Sitemap
  • Privacy & Disclaimer
  • Terms of Service
  • Contact Us
Investing
Haven

Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Many investing tips and crypto market analysis.

Copyright © 2023 InvestingHaven

No Result
View All Result
  • Passive Income Service
  • 2024 Forecasts
  • Stock market
  • AI Stocks
  • Lithium Articles
  • Silver Articles
  • Crypto Articles
  • Premium Crypto
  • Login

Copyright © 2023 InvestingHaven

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Receive top notch forecasts for free.

*We hate spam as you do.

Receive top notch forecasts for free.

*We hate spam as you do.

    InvestingHaven.com honours your privacy. Read our Privacy Policy