SOUNDHOUND SOUN presents a quite interesting chart pattern.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks. • Stock is above ema 200 • Orderly consolidation with higher lows & tightening range: • RDM, VCP • Stocks surfs the rising EMA 10 or the EMA 20, and sometimes the EMA 50 • Volumes are significative compared to previous phase • Volumes dry up at the end of the consolidation • Volumes are strong during the breakout • ADR is high