AI stocks are working on a very strong bullish reversal, as evidenced by the Sector ETF BOTZ and C3.ai. Investors who are looking to capitalize on this trend should keep a close eye on the charts.

C3.ai continued to expand its enterprise AI footprint in a number of industries, including agriculture, agricultural implements, manufacturing, oil and gas, insurance, financial services, life sciences, and energy.

C3.ai’s first-quarter revenues grew 29% to $52.4 million, ahead of the market’s estimate of $51 million. Non-GAAP loss per share of $0.23 surpassed the Street’s estimates of $0.32.

C3.ai’s third-quarter revenues grew 26% to $52.3 million, ahead of the market’s estimate of $50.5 million. Adjusted loss per share of $0.24 surpassed the Street’s estimates of loss of $0.29 per share.

Ironically the skepticism is good; as moderated expectations ahead of what is going to be a Quadruple Quarterly Expiration week could actually be a plus.