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SOUN Flips Red Zone Into Support Headed Into May 9 Earnings

Written By: ChartChamp

May 3, 2024

Next week is a huge week for SOUN with an earnings announcement on May 9. SOUN has performed very well headed into earnings, and I think we could see a nice rally especially if SOUN reports a strong beat. April was a very bearish month for SOUN, but May is one of the most seasonally bullish months for SOUN. Within the first few days of May we have seen a lot of upside so far. SOUN is flipping the red resistance zone into support, and I have the yellow zone as a key price target of interest around $8-9.

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