Don't want emails from us anymore? Click here to unsubscribe.
Hello!
This is an update of our newest alert, STAI.
Following our alert this morning, STAI opened today at 1.85, so far near the high of the day.
After STAI started trading on the NASDAQ in January, STAI has experienced some remarkable volatility.
In February, the company rallied from 1.30 to a high of 5.20 in just a week for gains of 300%.
In March, the company rallied from 1.74 to a high of 3.00 a week later for gains of 72%.
Now, STAI could be positioning for another breakout opportunity.
A breakout and close above the 50 day moving average of 2.11 could be the beginning of another big rally higher.
STAI has a RSI of just 44, suggesting the potential for increased upside.
In addition, this morning, the company announced big news:
"ScanTech AI Systems to Unveil its CustomsTrace AI™ to Pioneer Goods Verification in a Shifting Tariff Landscape"
"Atlanta, GA, April 16, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a global innovator in non-intrusive, fixed-gantry CT (Computed Tomography) screening technologies, today announced the initial development of its CustomsTrace AI™ platform, a groundbreaking initiative aimed at addressing what is anticipated to be one of the most pressing challenges in today's global trade environment, accurate identification and verification of tariff-sensitive goods at national borders including the prevention of unauthorized or illicit importation of restricted items."
This could be a big opportunity for the company:
"As tariff regulations and international trade policies continue to shift, governments and industries alike are expected to seek technology partners capable of enabling intelligent enforcement without disrupting supply chain fluidity. In response to the potential needs, ScanTech AI is harnessing its core competencies in high-resolution imaging and machine learning in an effort to pioneer a solution where only a few definitive validation platforms currently exist. These core technologies have been developed by ScanTech AI over the past decade. Their application in a new initiative to rapidly identify tariff-sensitive goods and unauthorized imports, without disrupting the flow of legitimate trade, is a capability that only a select few companies currently possess, including ScanTech AI."
Here are some of the company's comments from this press release:
"The CustomsTrace AI™ interface represents the potential to redefine how nations manage border security and enforce trade policy," said Dr. Chris Green, Chief Technology Officer at ScanTech AI. "By fusing our advanced CT imaging with adaptive classification algorithms, we are building the foundation for what we aim to be an AI-powered ecosystem that enables operators to act on real-time, data-driven insights, improving both the speed and accuracy of goods screening at scale."
As the company further explains in the press release:
"The Company will actively engage with its Board of Directors, comprised of former senior leaders from Customs and other regulatory agencies, along with early customer stakeholders, to help shape the development roadmap and ensure the platform aligns with mission-critical enforcement needs. The Company considers it a distinct advantage to have such a highly experienced and strategically connected group guiding its efforts."
In addition:
"As the former Commissioner of U.S. Customs and Border Protection, I can attest that this technology is a vital tool in safeguarding our nation from a wide range of threats and vulnerabilities, whether related to terrorism or our capacity to identify and assess tariffs, which are critical to our economic security," said Ralph Basham, former Commissioner of U.S. Customs and Border Protection and Director of the U.S. Secret Service.
Importantly:
"With fewer than a handful of comprehensive solutions currently available in the market, we believe that our CustomsTrace AI™ platform will uniquely position ScanTech AI to lead a category with exceptional growth potential," said D. Williams Sr., Vice President of Sales and Marketing at ScanTech AI. "We are committed to redefining the future of intelligent border management—where advanced innovation not only safeguards national borders but also strengthens the integrity of global trade by replacing outdated, trust-based declaration systems with real-time, technology-driven verification."
"Regardless of how the global tariff landscape evolves, ScanTech AI believes that the demand for a solution like CustomsTrace AI™ will remain both timely and essential. For years, industry has lacked a unified, technology-driven approach to real-time goods verification, making it difficult to ensure consistent accuracy, streamline inspections, and support evolving compliance requirements. CustomsTrace AI™ aims to address this longstanding need by providing a scalable platform that enhances visibility, strengthens trade integrity, and supports smarter, more adaptive customs operations."
We are continuing to monitor this opportunity.
Sources: Presentation, PR1, PR2, PR3, PR4, PR5, PR6, PR7, PR8, Website, Chart
Happy Trading!
AwesomeStocks
Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose.
Tidak ada komentar:
Posting Komentar