Most are already familiar with the recent Nvidia (NVDA)-SoundHound (SOUN) news—the stock fell 28.1% on Feb 14 after Nvidia disclosed it had sold the remainder of its holdings in the AI voice company. Rather than rehashing the headlines, let’s focus on where things stand now.
Since the sell-off, SOUN has been tracking the SMA 100 without a decisive breakout to the upside. The recent bearish spinning top signaled indecision, and so far, the stock hasn’t gained clear momentum in either direction. If it breaks lower, IMO, the SMA 200 remains the next key support level to watch.
Currently trading at $11.06, SOUN is at a critical juncture. The next move—whether buyers step in or selling pressure continues—will determine the short-term trajectory. Stay tuned—watching closely!
Since the sell-off, SOUN has been tracking the SMA 100 without a decisive breakout to the upside. The recent bearish spinning top signaled indecision, and so far, the stock hasn’t gained clear momentum in either direction. If it breaks lower, IMO, the SMA 200 remains the next key support level to watch.
Currently trading at $11.06, SOUN is at a critical juncture. The next move—whether buyers step in or selling pressure continues—will determine the short-term trajectory. Stay tuned—watching closely!
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