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SOUN

DUOL- AI Translation Services for global apps LONGDUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag pattern typically forecasts a leg of a bullish continuation higher after some consolidation. Options for March 15 went 2.5X overnight. Half the position off the table taking profits. the other half awaiting the continuation. The risk here is those taking profit or short selling outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for further profit and will assume the risk. profit
NASDAQ:DUOLLong
by AwesomeAvani
SOGP looks for trader capitulation SOGP is a company in the AI subsector focused on voice to text and vice-versa with the twist of between different languages marketing itself internationally as a penny stock with great potential upside. If a trader on a low budget wants AI exposure for high potential profit if patient this one may be better than PLTR because it is a value at a lower price per share and has not surged already like PLTR. This is similar from SOUN. On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has disappeared as quickly as it came. A descending and falling wedge pattern is seen. SOGP did 100% in a day and could do it again in the unpredictable near term future. I will take a long trade in SOGP and hold it for inevitable pop again.
NASDAQ:SOGPLong
by AwesomeAvani
SOUN might be overbought and overvalued for a reversalSOUNDHound AI on the 15 minute on Wednesday 60 hours ago, broke out after a trend down to begin the year. The tailwinds of the technology stock earnings and their tailwinds pushed hard. SOUN broke out through the entire high volume area and then rose above it. Pretty much the same from the lower aVWAP bands into the uppers after crossing over the mean line. On the three indicators, RSI , MACD and the Chop index bearish diveragence is seen. This may be an early reversal in progress but then again it might just be prudent traders liquidating to take full or partial profits to close out the week. I am running full on this, I will watch the price action early next week to determine a continuation vs a reversal. Relative volume and relative volatility may show long traders closing with targets reached and shorts taking their positions causing a pivot high of even a " long squeeze". Alerts and their notifications are set on a 5-minute time frame to allow for some early warning. On the other hand it SOUN can put out some higher decibels I may decide to look at the 2/16 options chain and chart for an OTM call in the $2.5 or $3 range.
NASDAQ:SOUNLong
by AwesomeAvani
4
SoundHound AI's Stock Soar by Over 50%.Nvidia ( NASDAQ:NVDA ), a powerhouse in the realm of AI technology, recently unveiled its ambitious foray into smaller AI firms, with a particular focus on revolutionizing industries ranging from healthcare to autonomous driving. Among its notable investments stands SoundHound AI ( NASDAQ:SOUN ), a voice AI platform poised for a groundbreaking trajectory. Let's delve into how Nvidia's strategic maneuvers are reshaping the future of AI and propelling companies like SoundHound AI to unprecedented heights. Nvidia's Bold Moves: Nvidia's latest disclosure in a 13-F filing with the U.S. SEC revealed its strategic bets on a diverse array of AI firms. Notably, the company's investment in SoundHound AI ( NASDAQ:SOUN ) sparked a seismic shift, catapulting its shares by a staggering 72%. This move underscores Nvidia's acute awareness of the transformative potential of voice AI technologies. With nearly $3.7 million injected into SoundHound AI ( NASDAQ:SOUN ), Nvidia solidifies its position as a key player in shaping the future of voice-driven AI applications. Unveiling SoundHound AI's Potential: SoundHound AI ( NASDAQ:SOUN ), renowned for its cutting-edge voice AI platform, emerges as a prime beneficiary of Nvidia's strategic investment. The substantial surge in its stock value underscores the market's recognition of SoundHound AI's disruptive capabilities. By leveraging advanced AI algorithms, SoundHound AI ( NASDAQ:SOUN ) is poised to revolutionize various sectors, including telecommunications, automotive, and consumer electronics. Nvidia's endorsement further validates SoundHound AI's technological prowess and sets the stage for its accelerated growth trajectory. Navigating the Healthcare Landscape: Nvidia's strategic investments extend beyond SoundHound AI ( NASDAQ:SOUN ), encompassing healthcare innovators like Nano-X Imaging and Recursion Pharmaceuticals. Nano-X Imaging, a medical device company harnessing AI software for diagnostic analysis, witnessed a notable uptick in its stock value following Nvidia's investment. This synergy between AI and healthcare underscores the transformative potential of technology in revolutionizing medical diagnostics and treatment modalities. With Nvidia's backing, Nano-X Imaging is well-positioned to redefine the future of medical imaging technologies. Empowering Innovation in Autonomous Driving: Moreover, Nvidia's strategic investments extend to autonomous driving technology, exemplified by its support for TuSimple Holdings. Despite its recent delisting from Nasdaq, TuSimple Holdings remains a formidable player in the autonomous driving space. Nvidia's infusion of capital reaffirms its commitment to driving innovation in the realm of self-driving vehicles. As the automotive industry undergoes a paradigm shift towards autonomy, strategic partnerships and investments are crucial in accelerating technological advancements. Conclusion: SoundHound AI's meteoric rise following Nvidia's endorsement underscores the transformative potential of voice AI technologies. As Nvidia continues to chart new frontiers in AI innovation, the collaborative synergy between industry leaders promises to redefine the future of technology across diverse sectors. With SoundHound AI ( NASDAQ:SOUN ) and other visionary firms at the forefront of this revolution, the stage is set for a future shaped by unprecedented technological advancement and societal transformation.
NASDAQ:SOUNLong
by DEXWireNews
Pullback Buy in SOUNI started buying SOUN on a breakout above 3.35 two weeks ago. This was a classic breakout pattern with big volume on the advances and the stock was in the hottest group - AI. And shares surged 50% over the next 14 days. I sold half my position at around 4.80. Since the stock topped just below the $5 mark back in February, this was likely to be a key resistance area and the SOUN pulled back as expected. I added the rest of my position back on here at 4.15 on Wednesday. If this rally is to continue, this seems like a likely bounce point. Not only is this a high volume node on the volume profile where the most trading has occurred since the breakout, it is also sitting on the 10-day EMA. This represents a 20% pullback from last week's highs, and I would like to see buyers step in here if this stock is truly under accumulation. I do not expect to see SOUN go below 4.00. If shares break below 3.90, I will likely begin exiting my position. If you do not own the stock, this is a decent place to buy in on a pullback. If you bought the breakout, however, this is a way to "press" the trade and risk some of your profits to see if this can be a monster win.
NASDAQ:SOUNLong
by rossgivens
2
Breakout Trade in SOUNI’ve had my eye on this stock for months. SoundHound is smaller, off-the-radar AI stock. The company owns several patents involving voice-recognition technology. If you drive a Dodge, Chrysler, Jeep, Hyundai, Kia, Honda or Mercedes-Benz, you are probably using their software already. HOUN ripped higher to start the year, but it got overcooked and settled back in the $3 range. It has been forming a base for the last four months with resistance near $3.35, and the stock is now trying to breakout higher. Notice how the volume bars mimic the action from the price candles. Volume climbs as the stock moves higher and declines as price comes down. This is exactly what we want to see. It shows the aggressive action is on the buy side and bulls are in charge. I want to see this stock stay above $3.25 and remain above the base. Traders may consider buying on a pullback into the $3.50-$4.00 area.
NASDAQ:SOUNLong
by rossgivens