Oh look, it's AI, currently chilling at 9.41 after falling down a staircase for twelve straight months. I'm not sure if this thing owes me money or if it's just allergic to being above 10 bucks, but here we are. Literally last summer it was flexing at 28.49, and now it can't even scrape together double digits. That's not a dip, that's a crater.
Still, I'm in for a tiny bounce call me a believer in oversold memes. Everyone bailed out when the hype deflated and now nobody wants to touch it, but that's when the surprise happens. If management can drop even a half decent earnings report (low bar after this mess), panic could flip to FOMO in a heartbeat. Retail loves a comeback story and this chart is begging for a dead cat bounce. My target is a spicy 11.15. Not a moonshot, just a tactical scalp.
The caveat? If they whiff again or guide down, it's probably dead money all year. This has been a waterfall of disappointment and everyone knows it. Risk is real, so keep your stop loss where you don't cry yourself to sleep.
Next catalyst is the next earnings call. If they manage to not embarrass themselves, I'm betting on a quick squeeze as shorts scramble for the exit. If they don't, just delete the ticker from your watchlist for your own sanity.
