#SOUN #SOFI #DXYZ - HOT STOCK Technical Analysis - Video

5 Views
$SOUN #soun #sounstock #sounstockupdate #sountechnicalanalysis $SOFI #sofi #sofistock #sofistockanalysis #sofitechnicalanalysis $DXYZ #dxyz #dxyzetf #dxyzstock #dxyzanalysis #dxyzspacex #spacexstock #chartreaders #technicalanalysis #RSI #MACD #Daytrader #DayTrading #SwingTrading #swingtrade #tradingstrategy #learntotrade #tradewithaplan #technicalanalysis #tradingplan @SoFi @SoundHoundAI

Here’s a summary of the latest developments and technical analysis for SoundHound, SoFi, and DXYZ as discussed in the episode:

SoundHound AI $SOUN
Recent Performance: Experienced a significant drop with two large red candles at the start of the week, largely attributed to market reactions to a short trading week. Such reactions are not uncommon due to reduced trading days and potential news impacts during the holiday.
Technical Perspective: Despite the recent downturn, the stock is expected to maintain key support levels. If it doesn't break further below critical moving averages, it could rebound in the following week when full trading resumes.
Outlook: The expectation is cautiously optimistic provided that no further negative news impacts the stock. Stability above crucial moving averages is key for potential recovery next week.

SoFi Technologies $SOFI
Market Behavior: Unlike SoundHound, SoFi has managed the market's volatility better, displaying resilience and maintaining its upward trajectory.
Technical Analysis: SoFi continues to exhibit strong technical signals, demonstrating what many consider an ideal scenario in technical analysis with consistent support levels being respected and a robust upward trend.
Future Expectations: Maintains a bullish outlook as long as it continues to respect these technical patterns, particularly if it stays above the major moving averages and the market conditions remain favorable.

Destiny100 ETF $DXYZ
Recent Trends: Faced a challenging day with attempts to break above all five moving averages on the hourly chart falling short due to inadequate volume, which is crucial for sustaining any potential upward movement.
Volume and Support Levels: The lack of volume is a significant concern, as it is essential for driving any substantial price change. The stock is perceived to be in a precarious position but has support around $30, which should hold barring any drastic market changes.
Market Position: DXYZ is at a critical juncture where it needs to regain volume and market interest to avoid further declines and stabilize its market position.
For all three stocks, the short trading week has played a role in their current market behaviors, with variances in their abilities to withstand the pressures that come with reduced trading days and heightened sensitivity to market news. The upcoming full trading week will likely provide better insights into their true market positions and potential future movements.

00:00 Opening Thoughts on SOUN SOFI & DXYZ
03:41 Introduction for new viewers
04:06 SOUN
09:21 SOFI
15:21 DXYZ
Category
Fansly Leaked
Tags
#soun, $soun stock, $soun update
Commenting disabled.