stockonomy

BUY $IPOE - 02.15.2021

Long
NYSE:IPOE   None
Stockonomy Weekly Pick 02.15.2021

$IPOE is a SPAC for SoFi Lending Corp. which offers student loan refinancing, personal and home loans, mortgage, investments, insurance , and other related services for borrowing, saving, spending, investing, and protecting.

$IPOE has seen impressive accumulation volume followed by low relative volume consolidations.

Price recently pulled back to the 61.8% which is also a prior price resistance level .

Doji candle followed by a bullish follow-through candle represents a strong reversal possibility.