gogogoFor
04-17

$SoundHound AI Inc(SOUN)$ SOUN is currently within a potential support zone, outlined by a purple rectangle from $3.75 to $4.35. This zone has been historically significant, previously acting as both support and resistance levels. Notably, a breakout from this zone led to a high of $10.25 before retracing back to $3.75, followed by the recent rebound to $4.04.

SOUN's rebound from the $3.75 level and the rising RSI suggest potential for a support zone rebound. Traders might consider watching for confirmation signals, especially near the 4hr 200 SMA, for possible bullish opportunities.

A break above the upper boundary of the support zone, around $4.35, could signal a bullish continuation, targeting higher levels.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • LeilaLynch
    ·04-17
    The rising RSI is also a positive sign.
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  • Kevinshn23
    ·04-18
    Thumbs up for you.
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  • Tom Chow
    ·04-18
    good
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