SOUN is an AI stock that has not gotten much love as with other AI themed issues. Maybe one reason the market has been ignoring it is that has yet to make a profit. However, they are in the AI voice response business which cuts across many industries. While I think they have a bright and disruptive type future, it is the market’s opinion that matters.You can see my notes on the chart. There are two merging resistance areas, the IPO AVWAP and resistance area since March. I have an alert set at $3.40. If it can get above and hold this may have room to run. This is the kind of stock that could easily double or triple in a short period of time. All TBD.
Thanks for looking. I hope this helps someone. Constructive comments always welcome.
Trade active
Just opened a 1/4 size position... tight stop. Let's see if this one can move.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.