this is a controlled selling of Soun hound. take note of the volume selling pressure usually comes with volume but soun hound has been diving with low volume.
and recently a big money started to sell PUT premium. at $7 and $8 strike price confirming big money is seeing a big movement prior to earnings.
since earnings has been locked out already prior the earnings itself on 9th of MAY this could be a potential accumulation inline with the next gap up
and recently a big money started to sell PUT premium. at $7 and $8 strike price confirming big money is seeing a big movement prior to earnings.
since earnings has been locked out already prior the earnings itself on 9th of MAY this could be a potential accumulation inline with the next gap up
Comment:
Sound hound on Daily break out with a Big Volume as i expected. we will be bound soon to fill the gap on 6.67 and if this is act as support after it break out it is moon time.