Cerence Inc. CRNC

$CRML $USAR $ARRNF can

Cerence Expands Collaboration With Volkswagen ..,

Crazy upside from here

CRNC has no competitive pressure, this is short-term chatter. The company is at an excellent price both in the short term and in the medium and long term.

8 ???? Ha !

Yes it’s long ?

4 consecutive open gaps on the daily chart plus an open gap on the weekly candle. There are buyers here who bought them at high prices. Now these buyers need to push back purchases to close the gaps and also profit from the purchases made at a high price on the top candle

No no noooo is back to 13 quickly

Why is soun worth 10 times more than crnc???? A smaller company. Half of crnc's revenue. crnc's annual revenue is equal to 60% of its entire value. Even the number of employees at crnc is double that of soun. soun is traded at a multiple of x32 compared to cerence which is traded at x2.
Analyst recommendations range from 11 to 16 with an average of 12.7 - both the CEO of Cerence and the new chairman of the board are people with extensive experience and high seriousness in their work ethic and management abilities. There is no reason in the world that this stock would be worth only $450 million. No reason! There are lawsuits with Samsung and Microsoft.
All it takes is a $40-50 million legal settlement for intellectual property theft and the stock will jump 15-20 percent immediately. What's more, there have recently been new partnerships with LG and other companies. And the expansion of activity into new channels such as smart TVs. Voice systems for the 'smart home' and expansion into the restaurant sector. There is no reason in the world that this company won't reach the 18-23 area and maybe even 31 within a year.

A gap closure has both touched the bottom of a channel and broken out from above at the edge of a wedge.