Sofi was on track to break ATHs but ran into some trouble at earnings (overreaction). The fundamentals are still solid and the bottom of the wedge is holding support. Last couple days the CEO bought $100K worth of Sofi ,institutional ownership has gone up, and last lockup period has expired this week.
Sofi is set up nicely to breakout and get back on track to hit it's 2021 PT of $30.
Sofi is set up nicely to breakout and get back on track to hit it's 2021 PT of $30.
Trade active:
Looking for a back test to $15. If it holds above $15 today, that $15.33 to 16.68 gap fill might be in play.
Trade active:
Next target $21 and then $22.35