SoFi is up about 50% since mid May. Can it make it to the 100% gain level around $10? Well Sofi has to breakthrough this key zone first. SoFi is trading above the 200 day EMA ' blue watermark'. Even though price is above the 50 day moving average, the 50 day moving average is below the 200 Day EMA 'blue watermark'. Therefore, there may be a pullback before price attempts to break out again. In order to get back to all-time highs SoFi will have to increase in price by 400% from the discount level. Do you think it is time for SoFi to takeoff?
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Continue your Financial Education:
LEAPS Options Books : bit.ly/4bx5Z8w
Compound Interest: bit.ly/48eMkYb
Rule of 72 : bit.ly/3HW4QtB
Futures Trading: bit.ly/42HoDqm