SOUN's price trends lower while its RSI trends higher, a clear upward divergence; because RSI leads trends, the speaker expects a 5 to 10% bounce over the next week or so, likely within the next two trading days, though RSI does not give an accurate entry point.

we have upward momentum, a kind of upward trend in the Relative Strength Index here on the Soundhound stock. Here, if we look at the price of "Soundhound", we find that the price is actually trending downwards.

If you connect those same areas, right? Indeed, isn't that so? We have a price that is moving downwards and heading towards a lower level. For me, this is a clear indication of an upward divergence in the Relative Strength Index .

Remember that the Relative Strength Index (RSI) is a leading indicator, right? Who can talk about trends. So, this is Plan A.

Soundhound is my first deal, is n't it? I like " Soundhound" for the possibility of a bounce. Basically, over the next week or so, I definitely expect a bounce in Soundhound, whether it's 5 to 10%.

It's difficult to determine that. One thing that the Relative Strength Index (RSI) doesn't do as well as some other indicators is give you an accurate entry point . But overall, based on this information, I think Soundhound is likely to move upwards over the next week or so, right ? The next two trading days .