SOGP looks for trader capitulation
Updated
SOGP is a company in the AI subsector focused on voice to text and vice-versa with the twist of
between different languages marketing itself internationally as a penny stock with great
potential upside. If a trader on a low budget wants AI exposure for high potential profit if
patient this one may be better than PLTR because it is a value at a lower price
per share and has not surged already like PLTR. This is similar from SOUN.
On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has
disappeared as quickly as it came. A descending and falling wedge pattern is seen.
SOGP did 100% in a day and could do it again in the unpredictable near term future.
I will take a long trade in SOGP and hold it for inevitable pop again.
between different languages marketing itself internationally as a penny stock with great
potential upside. If a trader on a low budget wants AI exposure for high potential profit if
patient this one may be better than PLTR because it is a value at a lower price
per share and has not surged already like PLTR. This is similar from SOUN.
On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has
disappeared as quickly as it came. A descending and falling wedge pattern is seen.
SOGP did 100% in a day and could do it again in the unpredictable near term future.
I will take a long trade in SOGP and hold it for inevitable pop again.
Trade active
On the Zoomed View of a lower time frame price is in a falling wedge and my analysis supports a breakout drawn as a thin green line. The breakout has 30% upside to a target in the area of 4.25 which was a consolidation interval on the trend down from the recent market high.
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