SOUN Setting Up for a Breakout

SOUN just reported monster Q2 numbers with revenue up 217% YoY to $42.7M. Technically, the chart shows price holding above key moving averages after a long consolidation. The $12.50 area is acting as a base, with a clear upside target toward $17–18 (about +36%).

If momentum builds, that mid-level resistance could be tested fast. But if the base cracks, the risk is a drop back into the $10–$9 range.