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tradinght.bsky.social
Trading HT
@tradinght.bsky.social
We analyze the most popular stocks of Wall Street. Join us on Youtube 👔🤝 https://www.youtube.com/@trading_HT
SoundHound AI #SOUN: Buy or Sell?
March 20, 2024 at 6:57 PM
Market cap of #NIO in 2021 versus today:
March 19, 2024 at 10:22 PM
Rumours are in. #Apple could integrate Google's Gemini artificial intelligence into its iPhones.

Both companies have a combined net profit in 2023 of $170B and a market cap of $4.5T 🤯
March 18, 2024 at 9:52 PM
So what's the best and worst case scenario for #SOUN?

The all-time high is $18 per share, +101% above current levels.

If there's a sharp correction, the share price could fall by -73%, giving a risk/reward ratio of 1.4:
March 16, 2024 at 12:33 PM
Small cap stocks can experience high volatility in a very short period of time, SoundHound is not an exception:

Market cap in February 2024: $410M
Market cap in March 2024: $2.7B
March 16, 2024 at 12:33 PM
On the technical side, $SOUN has a clear support level on the daily chart. A break of this pattern would be the stock trading below $7.

Another important support level is around $5. Don't forget the RSI levels.

We could see a bearish divergence on the daily chart if it falls below 60:
March 16, 2024 at 12:32 PM
There are 6 Wall Street analysts offering an average target price of $7.30 for SoundHound, which is -18% below the current price:
March 16, 2024 at 12:31 PM
Q4 '23 was a really good quarter compared to previous quarters. Reported EPS was -0.07. However, analysts believe that the first 2 quarters of 2024 will be worse than the last one.

Here are the EPS estimates for 2024:
Q1 '24: -0.09
Q2 '24: -0.08
Q3 '24: -0.06
Q4 '24: -0.05
March 16, 2024 at 12:30 PM
The net profit has improved gradually over the last few quarters, but it's still negative:

Dec '22: $-30.68M
Mar '23: $-26.36M
Jun '23: $-21.93M
Sep '23: $-20.19M
Dec '23: $-18M
March 16, 2024 at 12:30 PM
Soundhound AI is up +445% since Nvidia announced its investment in $SOUN in a 13F filing last month. Is the hype justified? Let's take a closer look under the hood 👔👇 #trading #stocks
March 16, 2024 at 12:27 PM
SMCI Stock News Super Micro Computer -23% TODAY - WHAT HAPPENED? #trading #stocks
youtu.be/rN3gCNKquQE
February 18, 2024 at 10:36 PM
#DKNG Stock News DraftKings EARNINGS and stock analysis and price FORECAST #trading #stocks 👇
youtu.be/44a3ptl9l80
February 17, 2024 at 4:15 PM
SOUN Stock NEWS TODAY Soundhound AI gets CRAZY +60% TRADING GAP - Technical analysis price FORECAST #trading #stocks
youtu.be/f39QUGdoHcw
February 16, 2024 at 8:34 PM
SMCI Stock News Super Micro Computer ALL TIME HIGH +200% WHAT NOW? Watch now 👇👔
youtu.be/JpKmb52JsQQ
February 15, 2024 at 9:12 PM
TRADING AFFIRMATIONS 📈 INVESTING AFFIRMATIONS - Reprogram MINDSET TRADE IN THE ZONE - FLOW STATE ☯️
youtube.com/live/7pPNYiC...
#stocks #trading
February 15, 2024 at 1:32 PM