Discover how to automate your trading using Intuitive Code's AI trading signals in Oracle AI. We include the practical examples of Carvana and Roku.
Discover how to automate your trading using Intuitive Code's AI trading signals in Oracle AI. In this presentation, we'll explore practical examples of manual automation, reserving robot automation for a future discussion. Learn how Intuitive Code's advanced analytics can revolutionize your trading strategy. We'll delve into effectively using these analytics for informed trading decisions.
In September 2023, Intuitive Code team announced a short position on Carvana for $56, followed by consecutive short positions, giving Carvana a price target of $26. Once Carvana's share price crashed to $25, below the announced price target, you started getting AI trading signals to take profits on Carvana. In addition, Intuitive Code started recommending assuming long positions in Carvana for $28.
So, on December 20th, Carvana's share price soared to $62, more than doubling, while Wall Street remained bearish, downgrading Carvana at the bottom after the company missed earnings.
Furthermore, during Carvana's bull market leg, a parameter that helped you to automate your trading, letting profits run, is called 'trailing stop,' a price that has never broken to the downside, allowing one to profit from the short squeeze without the need to learn about how much Carvana's could rally.
Now, let's focus on another example available in Oracle AI, the famous case of ROKU.
On the first of August, 2023, Intuitive Code announced on its blog that it was selling Roku shares for $98. Roku's share price crashed to $56 by the end of October, ahead of the company's reported earnings.
You received an AI trading signal to close a short position in ROKU, which ended up being the bottom for the year. In addition, after ROKU earnings in November 2023, you learned that ROKU share price could eventually rally to $108. ROKU share price reached $108 on the fourteenth of December, 2023, plunging to $88 within five trading sessions. Therefore, using AI analytics, we helped you profit from large price swings in Carvana and Roku while the rest of the market participants failed.
To terminate, I discuss automating your trading using the AI code OO, "Open Order." You will find several examples of its use on Oracle AI. This feature addresses the needs of many Asian users due to the time difference between the United States and their country of residence. Invest Intelligently with Intuitive Code AI.
