SoundHound AI, Inc. stock closed Wednesday at $6.43, then surged 13% after-hours on record Q2 revenue of $61.9 million, up 45% year-over-year. The company also raised its full-year outlook. The mismatch between a neutral chart and bullish fundamentals defines the setup ahead.

Key takeaways

• SoundHound AI reported record Q2 revenue of $61.9 million, a 45% year-over-year increase, and raised its full-year outlook.
• SOUN stock jumped 13% in after-hours trading following the earnings release.
• Short interest on SOUN stock stands at 42%, among the highest on Wall Street.
• The daily chart remains neutral, with RSI14 at 49.24 and price well below the 200-day EMA at $8.74.
• Key…