C3.ai: A Potential Top on the Horizon?!C3.ai, Inc. Class ANYSE:AIHKCM_GlobalC3.ai continued to climb through Monday, even reaching a new local high. Since then, however, the stock has experienced a noticeable pullback of as much as approximately 10%, followed by a modest recovery. We primarily assume that AI established its cycle low at $7.91 in late July. Accordingly, we believe the price is still in the early stages of the subsequent bull run. Its first top should form below the resistance at $14.53, followed by an interim correction. However, this pullback should give way to renewed upward momentum above the support at $7.91. Should the stock not yet have completed its broader bottoming process and consequently break below the presumed cycle low at the support at $7.91, we would expect the cycle low to form at even lower price levels (probability: 38%).