SOUN Buy setup
Reasons for bullish bias:
- Price bounced from support
- Fib 0.5 level
- Risky trade as earnings were negative
Entry Level(CMP): 5.90
Stop Loss Level: 4.64
Take Profit Level 1: 7.03
Take Profit Level 2: Open
- Price bounced from support
- Fib 0.5 level
- Risky trade as earnings were negative
Entry Level(CMP): 5.90
Stop Loss Level: 4.64
Take Profit Level 1: 7.03
Take Profit Level 2: Open
Trade active
TP1 hitNote
Price is near TP2 and resistance zone. Booking some profit and moving SL to BENote
Strong bearish divergence formed
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