APES PAY ATTENTION!!!! SOUND IS GO TO XPLODE
$SOUN chart is starting to look extremely bullish.
The current structure shows a clean 5-wave impulse followed by what looks like a controlled ABC correction. This does NOT look like a dead stock. It looks like consolidation before the next major move.
The important part: Wave 3 is usually the strongest and most explosive Elliott Wave move.
Right now the chart is sitting directly inside a massive high-volume support zone. That means heavy trading activity happened here before. These areas often become institutional accumulation zones.
At the same time:
sellers are losing momentum,
downside moves are getting weaker,
buyers keep reacting in the same area.
MACD is heavily reset and starting to curl upward. This is exactly where momentum stocks often reverse violently.
The recent dip below local lows also looks like a classic liquidity sweep:
stop losses get taken,
panic sellers exit,
smart money absorbs liquidity.
That setup often happens before explosive reversals.
Now add the bigger picture:
AI sector remains one of the hottest themes in the market,
SOUN has real products and real partnerships,
institutions already hold significant positions,
short interest adds fuel for a squeeze.
If momentum returns and shorts start covering, this thing can move FAST.
Most people only see a falling stock. But technically this looks more like accumulation before expansion.
This chart has all ingredients for a violent Wave 3 move. 🦍🚀