AwesomeAvani

SOGP looks for trader capitulation

Long
AwesomeAvani Updated   
BATS:SOGP   Sound Group Inc.
SOGP is a company in the AI subsector focused on voice to text and vice-versa with the twist of

between different languages marketing itself internationally as a penny stock with great

potential upside. If a trader on a low budget wants AI exposure for high potential profit if

patient this one may be better than PLTR because it is a value at a lower price

per share and has not surged already like PLTR. This is similar from SOUN.

On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has

disappeared as quickly as it came. A descending and falling wedge pattern is seen.

SOGP did 100% in a day and could do it again in the unpredictable near term future.

I will take a long trade in SOGP and hold it for inevitable pop again.
Trade active:
On the Zoomed View of a lower time frame price is in a falling wedge and my analysis supports a breakout drawn as a thin green line. The breakout has 30% upside to a target in the area of 4.25 which was a consolidation interval on the trend down from the recent market high.

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