Soundhound (SOUN) shares of the small cap AI growth name are coiling in a tight wedge and triggering a bullish MACD cross as it now is back over its 21 EMA and close to breaking out above monthly value high of 17.00 for a potentially explosive move back to 20 as a first target and then likely the old high at 25 if the markets stay bid and the AI group starts to regain momentum. SOUN has seen confident bulls in the options market the past month during its pullback including the 22K Feb $15 bull synthetics holding in OI as well as a recent opening seller of 4000 July $11 puts at $2.16 and 6000 April $34 calls bought last week while the March $16 calls sold partial positions but still 12K in OI.