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ivanlarav
Oct 17, 2021 7:30 PM

$SOFI GOING BACK TO $14 -$15 ? Short

SoFi Technologies, Inc.NASDAQ

Description

PT : 14 - 15
Daily chart pointing to a reversal on price action.

1 HR
- Double top
-Confirmation of reversal once we break the 20EMA.



Comments
Dr-Dan
Too much momentum to reach those lows again. I think a breakout at the 60-70% length of the descending triangle is about to happen (weeks), perhaps after bouncing off that 17.25 level.
ivanlarav
@Dr-Dan thanks for your input, Momentum is strong in this one.
fortiz87
There is too much momentum. I def Could see a pull back 17-18.
Erictaylor
I agree if we fail hold of 16$ and 18$.
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