SoundHound AI: Investing in the Future or Echoes of Regret?

Much is being talked about these days regarding the new star in the stock market: SoundHound AI. Many channels are hyping this stock. However, those who entered late must be frustrated with significant losses. Now, the stock of SoundHound AI is recovering, and once again, many channels are beating the drum for a long entry. Is it a good opportunity now to buy the company's stock and profit from the AI boom? Not yet, we believe. While we do see potential for an increase in the stock of SoundHound AI, jumping in now would likely be premature. Instead, we recommend a pullback deeper into the fair value gap to optimize our risk-reward ratio (RRR). By setting our take profit near the all-time high, we achieve an RRR of around 3:1, rather than entering with an unfavorable ratio "in the middle of nowhere".