Digital Meetup: Joan Cabrero, Technical Analyst and Ecotrader Consultant.

Hello. Is Soundhound worth buying at these prices? Which stop is worth seeing? Thank you Joan.

Good morning, friend!

SoundHound specializes in voice and audio recognition technologies focused on conversational artificial intelligence. Its platform allows developers to integrate voice control capabilities into applications and devices, opening up new possibilities for human-machine interaction. The company has the potential to become a leader in developing next-generation user experiences, making voice a key enabler in sectors such as automotive, retail and smart devices.

I like the wide gap that opened up in mid-February and the fact that the security has been consolidating since then, which I view as a simple digestion phase of this strong rally, after which the price will likely return to moving higher. Since it has been consolidating for several months, I understand that this bullish resumption is approaching and we will find the first clues that point in that direction if it breaks $5.15. In this case, buy and you can even place a stop at $4.30 and $3.80. The goal is to find the upside, which could be huge, but if they want to know the levels it was previously quoted at, tell them that in 2021 it was listed at $18 and the high this year was $10 .