SOUN reported very strong earnings yesterday, but experienced a sharp selloff today. I think this dip will get bought up, and I would follow the 3 day rule – give the price 3 days to stabilize after the selloff. So I would wait until the end of the week to see where SOUN has bottomed. I don’t think SOUN will retest the light blue trendline, and I still think $8.72 is the key price target on the way up. Seasonality suggests that SOUN can perform very well in December and February, not so much in January. February is also the best performing month of the year so I would want to be positioned into SOUN by the end of January.

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