$SoundHound AI (SOUN.US)$ the candles are looking good. is t...
$SoundHound AI(SOUN.US$ the candles are looking good. is there any advice please?
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Powdahound : @GetInGetOut will hopefully give us some TA for this week on SOUN please Sir. Will we break 2.41
GetInGetOut : For right now I’m seeing some possible downside. We are currently in the trade range between 2.08 and 2.42. If you all saw my comment last week, I was stopped out when price fell to 2.14. I was able to lock in gains. I personally could see myself re-entering on the break of 2.42, BUT (and it’s a big but) we have to hold above 2.42 for a couple daily candles AND have VOLUME before I see more upside. I think we’ll chop in this range until we get a clear signal. Also, there’s data coming out this week that could sway the markets up or down depending on the results. I’d play it cautiously with a stop-loss at 2.10. Just remember, some profit is better than none and there’s always another trade. Hope this helps!
GetInGetOut : Also, there’s the hope for a Santa Clause rally to end the year. It historically happens around the middle of the month, so some pullback before another good rip just makes sense to me
1tickerOP : thanks