Assuming the tech selloff is over for now Sofi appears to be in a good spot to benefit from a possible "Santa Claus Rally"
Price bounced off the $14, which has been significant support in the past and is now testing the weekly (up) trend line. Also the MACD is beginning to curl up, as is the Accum/Dist line.
D+ is moving up and D- is moving down signaling a possible trend reversal.
Short term target $16.51 and then up the fibonacci scale. Eventually this will return to previous highs and I feel it will be a strong stock to hold for the next several years.
weedkiller420.com
Price bounced off the $14, which has been significant support in the past and is now testing the weekly (up) trend line. Also the MACD is beginning to curl up, as is the Accum/Dist line.
D+ is moving up and D- is moving down signaling a possible trend reversal.
Short term target $16.51 and then up the fibonacci scale. Eventually this will return to previous highs and I feel it will be a strong stock to hold for the next several years.
weedkiller420.com
