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Barchart
Barchart
Wajeeh Khan

Should You Chase the Rally in SoundHound Stock Today?

SoundHound (SOUN) stock is pushing significantly higher on Wednesday amid a broader recovery in artificial intelligence (AI) software names and an unusually high options activity. 

The upward momentum drove SOUN decisively above its 50-day moving average (MA), signaling near-term momentum is now shifting back in favor of the bulls. 

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