We are 6/6 on earnings plays, and now we’ve got the #HIGHFIVESETUP on Sound Hound Ai! 🧠
Called this out a week or two ago, and if you stayed patient and ignored the noise, you had the chance to build your position during the retest of the symmetrical triangle breakout. Now, we’re geared up for a higher move heading into earnings next week.
Here’s what’s happening:
Pullback to the volume shelf and 9/21 EMA: We’re bouncing off, maintaining a higher low from the breakout point—bullish channel intact! 📈
HAMMER candle forming: This reversal candlestick signals a big move higher is on the horizon. 🔨💥
The jacuzzi is reaching that perfect temperature—are you hopping in or missing out? 🚀🌊
Check out the full video and original TradingView editors' pick linked to this post.
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NFA
Trade active
We are flying higher right now! Momentum and volume behind this name are strong! Reiterating my $8.11 PT!
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Hit 15% at the peak on this name.
Trade closed: target reached
What a beast this name is, it doesn't want to stay down.
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Be careful with earnings after the bell, this is not yet a profitable company EPS wise.
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This is why I said to be careful going into earnings. We will see if they bounce and go higher. I took some more profits yesterday so will just wait and see what the indicators tell me then update here.
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It came back and retested $6.26, where it broke out at. As long as that holds we are good.
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Stop loss reached. This is why you take gains on the way up and especially into earnings. I chose to let my SL hit because bad earnings sentiment can be detrimental to the overall trend no matter the indicator. I'm going to take the profits I have with my $5 something cost basis and look elsewhere. Fun ride!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.