A drop to $21.50 to fill the gap is expected to find support and trigger a rebound, presenting a buy setup.

Finally, Plan C, " Soundhound". So, on this graph, let's do the same thing. Where is the level? Where is the gap? Remember the color red, we are looking for the bottom. And here at the bottom of this , look at that.

Since August 5th, almost a month ago, with the profits, where has the price gone? The price increased by 27%. Since then it has fallen by more than 18%. A drop to this point to fill this gap would represent a decline to the $21.50 level .

Major correction. If the price returns to that level, I expect there will be support. I expect a rebound. This is where I am most likely to be a buyer. One thing to note is that SoundHound, unlike the other two companies, is a little cheaper, isn't it?

Its market value is only $3 billion. So, just make sure you exercise caution when trading with such riskier or smaller companies, okay?