PaperBozz

$SOFI - We have to consolidate somewhere

Long
NASDAQ:SOFI   SoFi Technologies, Inc.
SOFI We all knew it has to consolidate somewhere. My preference is above $9.70 consolidation.

If you look at volume profile ,you can see we put in a huge base $8 and below.
Current price area has low volume resistance meaning the price is easier to move either direction.

Why did we stop at $10.23?

Look at volume profile bar, its higher than the previous bar that the price punched through. Once the price gets above $10.23, it could launch to $12 - $14 area.πŸ™πŸ’₯πŸš€

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