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SOUN Likely to Rally After Nov. 12 Earnings

In my previous SOUN update I made an error thinking that SOUN was reporting Q4 earnings. Historically Q4 earnings is bearish for SOUN, but on Nov. 12 SOUN is reporting Q3 earnings so my apologies for the mistake. Q3 earnings has historically been bullish for SOUN, and I’m expecting to see more upside. SOUN is approaching a $8.72 resistance target as we get closer to the Nov. 12 earnings date. I also have resistance at $14 if SOUN manages to experience a strong post-earnings spike.

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