CheelooTrader

SOFI- Weakest to strongest

Long
CheelooTrader Updated   
NASDAQ:SOFI   SoFi Technologies, Inc.
  • How quickly market can change...this was one of the weakest names in last month's sell-off and got slaughtered, but now emerging as a leader among the growth names.
  • Claimed 11 EMA and daily mid BB ++
  • 60VMA overhead will be key spot to watch around 8.3 if it can build below, first target will be 13.
  • not a position yet, but on watch for long target.
Trade active:
Up against 60 VMA...which is critical test. if It clears it on big volume, 10 is on the cards.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.