$SOUN - RC -
Added 2023-07-02 01:08:30 +0000 UTCI have only added in the Green Impulse Wave here because I am leaning towards this count. I like how the pull back in March came all the way back to between the 0.78 Fib and the 0.88 Fib and has bounced very well, finding support along the 200 Day MA for a few months and then proceeded higher off this platform.
We can also see that the 50 Day MA crossed over the 200 Day to the upside and this is a bullish indication.
The price action has also gone above the top blue line but it needs to hold above this line to confirm Wave 3 and into the bull case.
A lot to be positive about here.
A rejection at the top blue line and we have a double top here and this will come down in 5 waves next then.
