Short Squeeze Potential on SOUN Right Now
Editor’s Note: The markets have been rebounding lately.
Is the bull run here to stay?
We’ll cover this LIVE on Thursday at 2 p.m. EST when our Lead Fundamental Tactician Karim Rahemtulla and newest contributor JC Parets come together to discuss…
– Global Rotation Playbook: Discover why capital is flowing from U.S. stocks to Europe, Asia & Latin America.
– The Dollar’s Direction = Your Roadmap: How DXY moves shape global equity flows and commodity trades.
– Geopolitical Risk, Technical Clarity: Trade through the noise—let the charts tell the real story.
The event is completely free.
– Ryan Fitzwater, Publisher
Yesterday’s market rally officially brought us back into a bull market.
Can it last?
If the first 4 months of 2025 are any indication, I wouldn’t count on any certainty.
But that’s why I’m looking to take advantage of overreactions.
And today I’m letting you in on one of the highest short float stocks right now.
SoundHound AI (SOUN).
As you’ll see in the chart above, SOUN has a short float of 33.25%.
This is a massive number for a short float.
Why Short Floats Catch my Eye
A short float means a ton of traders are betting against a stock. Also known as “shorting.”
They’re basically borrowing shares, selling them, and hoping to buy them back later at a lower price.
But if that doesn’t happen – then things get interesting…
If a short float stock like SOUN starts to move higher—those short sellers start to panic.
Why? Because if the stock keeps rising, there’s no limit to how much money they could lose.
So they’re forced to buy back the shares they borrowed to stop losing money, no matter the price. And when a ton of short sellers all rush to buy at the same time?
That’s what we call a short squeeze.
And I’ll be tracking SOUN as a short squeeze candidate this week in The War Room.
Action Plan: Overall, SOUN’s short float could set up a rather large short squeeze, especially since it broke out of range yesterday. A gap-fill could set the price target around $15.
To see exactly how I’m trading this stock, click here to join The War Room.
P.S. My colleague Karim Rahemtulla will be going LIVE with JC Parets to discuss the latest money moves in foreign markets.
Click here to sign up for that free event today.
Today’s Livestreams
Nate Bear (Daily Profits Live)
10am – 11am
1pm – 2pm
Start your trading day off with chart analysis from our Lead Technical Tactician Nate Bear.
Nate and DPL members crushed it during the market rally yesterday. Nate also recently revealed two charts he’s looking for potential trades on a pullback.
Not a member yet? Click here to join Daily Profits Live.
Already a member? Click here to login to the Command Center.
More from Wake-up Watchlist
This Defense Stock Should be on Your Radar
Jun 13, 2025
Why I’m Buying What Everyone’s Selling
Jun 12, 2025
Latest RFK Jr. News an Overreaction?
Jun 11, 2025
39% short interest + $200M offering = opportunity
Jun 10, 2025