NGM:SOUND is making a bounce on a major support level at $5. This is showing strength for the buyers and further upside to be made. Entering a swing position and targeting $15.
Some more details on SOUNDHOUND AI:
SoundHound AI's technologies have attracted the attention and investment of major players in the tech industry. For example, Nvidia disclosed that it held roughly $3.7 million in SoundHound AI stock at the end of last year's fourth quarter. This kind of investment and partnership with a leading AI company like Nvidia is a strong vote of confidence in SoundHound AI's future.
Market Opportunity: The AI market is rapidly growing, with significant potential for companies like SoundHound AI that provide advanced voice recognition and conversational AI solutions. As the demand for AI-powered solutions continues to rise across various industries, SoundHound AI is well-positioned to capitalize on this trend and grow its market share.
Get out now!!!! I lost my shirt - put your money somewhere else - real talk
EgideSimba
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@CCKING18, There is no guarantee in the markets...Do your own research and practice proper risk management
CCKING18
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Get out now!!!! I lost my shirt - put your money somewhere else - real talk
DRSRBryson
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What are your thoughts on the gap down below? You think that gets filled anytime soon as stocks begin to come down a bit? I looking to buy shares in this and possibly option call for maybe a year or so out
EgideSimba
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@DRSRBryson, We may see it come to fill the gap but more bullish than bearish on this one. I believe this is a good bet for the long run and leaps would be the safest bet. Cheers and good luck