SRPP New Ideas: AI & AMZN - T3 Live

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Power Plays New Ideas: AI & AMZN

March 30, 2023

By Scott Redler

Today I'm adding two new ideas. The market seems poised to extend with tech leading the way, so I'm adding AI and AMZN as Power Plays.

Idea #1: AI

Name: C3.AI

Ticker: AI

Price: $25.98

Needs to Hold: $20 to $23

Price Objective 1: $30 to $33

Price Objective 2: N/A

Artificial intelligence is still a hot theme so I'm adding AI. As long as it holds the $20 to $23 area, I see solid upside potential in the days and weeks ahead.

Idea #2: AMZN

Name: Amazon

Ticker: AMZN

Price: $100.25

Needs to Hold: $91 to $96

Price Objective 1: $108 to $113

Price Objective 2: N/A

AMZN has lagged but it woke up yesterday and I think it can back to the 200 day moving average over the $108 area. I'd like to see it hold the $91 to $96 area.

Stay tuned for more updates!

-Scott

Scott Redler Positions Disclosure as of 2023-03-30 at 8.37.59 AM

Screen Shot 2023-03-30 at 8.37.59 AM

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