SoundHound Inc. is a voice AI and audio recognition company that specializes in technologies allowing humans to interact with devices through natural voice commands. Albiet not currently profitable, their business model does have some revolutionary potential for many service based industries as AI begins to take over our everyday life.
What im interested in here is the overall setup where we may be starting to see a rotation back to the highs after bouncing at some of my key levels based on the volume profile. These being the POC and VWAP from the low.
I think there is a decent chance we go to $16 perhaps, and then we can re-evaluate the market and if there is potential for us to hit new highs!
What im interested in here is the overall setup where we may be starting to see a rotation back to the highs after bouncing at some of my key levels based on the volume profile. These being the POC and VWAP from the low.
I think there is a decent chance we go to $16 perhaps, and then we can re-evaluate the market and if there is potential for us to hit new highs!
Nota
Nice start hereNota
No surprise to see a bounce at the prev range value area Nota
VWAP has moved up a bit, would be nice to push above and reclaim for the squeeze higher. Stoploss quite clear, break below $11 with a daily close. Nota
Holding the key zone for now, would be nice to build juice with these drops to allow buyers to step in Nota
Warning sign here, dropping below $11 with this aggressive market sell off. I am looking for a bounce at the range low, if we do not get it I will need to de-risk this trade for a slight loss Nota
So far getting the reaction. I am not setting a hard stop at 10.50, travel back there and I am completely out for about a 6% loss. Dagangan ditutup: hentian tercapai
Stopped on the drop! Nota
Going to re-open a small position here, as this could have been a huge stop hunt, and we are now back in the range Nota
Trade active compounding on the rebound and stop set at the range low below $11Nota
Just so perfect. Nearly 50% since the lows 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.