With a 52 week low of $1.62 to a high of $16.07 SOUN was a rocket ship. But just as it was fun to take a flyer on this company and throw caution to the wind, we closed our long position a couple days ago. Now that the top is in its time for a quick short position as SOUN has gotten a bit ahead of itself. Target is 9-10 range in the next 2-3 weeks as we are rolling over on the Stochastic RSI.
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.