Soundhound Ai is Trading in very important support level
SoundHound is experiencing a significant pullback today, trading at $12.70, which represents a nearly 49,15% decline from its previous all-time high of $24.98.
Since 2023, the stock has seen several notable highs:
- $5.11 on June 26, 2023
- $10.25 on March 14, 2024
- $24.98 on December 26, 2024 (all-time high)
Currently, the price is retracing to $12.70, which aligns with the support level observed on December 11, 2024, before the stock surged to its all-time high. This level could play a crucial role in determining the next price direction.
Since 2023, the stock has seen several notable highs:
- $5.11 on June 26, 2023
- $10.25 on March 14, 2024
- $24.98 on December 26, 2024 (all-time high)
Currently, the price is retracing to $12.70, which aligns with the support level observed on December 11, 2024, before the stock surged to its all-time high. This level could play a crucial role in determining the next price direction.
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Disclaimer
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.