Thoughts on $BOTZ hitting 40 by Q3 end?
Hey everyone, been tracking the AI space pretty closely and curious to hear some thoughts on a specific scenario. I'm looking at $BOTZ and wondering about its probability of hitting the 40 mark by the end of Q3. It's currently sitting around 36.91, so we're talking about a move of about 8.4% from here in a little over two months.
My rough take, based on the current market momentum and upcoming potential catalysts in the AI sector (new model releases, continued enterprise adoption, etc.), I'd put the odds somewhere around 60/40 in favor of it touching 40. We've seen some pretty aggressive moves in AI-related equities on even minor news, and the underlying companies in $BOTZ are generally well-positioned. The recent intraday high of 37 today suggests there's still upward pressure, even with broader market choppiness. What are your thoughts on this? Am I being too optimistic, or are there stronger headwinds I might be underestimating?
Given the recent consolidation in tech, an 8% move isn't out of the question for a thematic ETF like BOTZ, especially if we see another AI catalyst. However, Q3 can be volatile, so maintaining that momentum might be the bigger challenge.