We are at the eve of a new industrial revolution–Artificial Intelligence. All industries have to adopt AI just to survive. Any company that is behind the AI curveball will be facing existential threat. We are very excited to discover a pure AI play that its potential is only limited to our imagination.
Our scanner picked up DBC as a solid breakout candidate on our weekly scan. The breakout of the commodity sector is very significant. We have been in a very long deflationary cycle that pushed the interest rates to the lowest in the last 5000 years! With such large bond bubble in historic proportions,
We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual option activities to find winners.
We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual option activities to find winners.
We are long term bullish on BAC. We published a blog on BAC 2009-2016 multi-year breakout on January 6, 2017. But the recent breakout at the 15th week in the weekly cycle is not trustworthy. We believe this breakout pattern will fail due to the cycle position (too late in the game). In a week or so it may fall back into the range again.
