SOUN had a breakout section after finding continued support at the $12.17 Price Level, pushing its way to retest the $14.22 level, which had not previously acted as resistance.
We expect some consolidation there, with a pullback and bounce to break through and find support above $14.22, pushing on to the next level of $16.49 - where it should not have too resistance to push on to our $20.80 Price Target going into October.
Looking for any entries along that baseline of lower support.
We expect some consolidation there, with a pullback and bounce to break through and find support above $14.22, pushing on to the next level of $16.49 - where it should not have too resistance to push on to our $20.80 Price Target going into October.
Looking for any entries along that baseline of lower support.
Trade active
SOUN broke above the $14.20, reaching $15.50 at its peak, and consolidating to find support as we had hoped on the $14.20. As long as we continue trading sideways into that Lower Level of Support, we would expect to see this starting to bounce, late Monday, going into Tuesday's Trading Sessions. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.