Current price takes it down 36% to price target. Closes the gap on the weekly. Earnings at this specific time when things like yesterday happened on the big stocks. And Snap going 30% up after going down big in the morning. This move fits within the currently reality of price movements. Even if we head up some 12% on the day and it's bullish, watch for the drop...
This is my analysis for SOFI . I have clearly explained the price action and why I feel the need to wait for further price action. NOTE: WAIT FOR FURTHER PRICE ACTION
GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility which is the foundation for swing trading it for good profits. On the 60 minute chart are the horizontal supply and demand zones as well as dynamic areas of high volume and...
PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action by the second upper anchored VWAP band. The H & S pattern neckline is about 63. The...
Technical Analysis Overview Current Price : $10.34, a 3.77% increase. Weekly Trend : Showing a positive trend with a 5.35% increase over the last five days. 1-Month Trend : A significant increase of 51.96%, indicating strong bullish sentiment. 6-Month and Yearly Trends : A 17.04% increase over the last six months and a 124.51% increase year to date,...
Sofi does banking differently and has great potential, but it is still a bank and banks are not a great investment right now. I don't see the price getting above the channel anytime soon. But that doesn't mean the stock is untradable. There are a couple of bearish scenarios at the moment. 1.Crash now: In this scenario price is on the intermediate C wave. In that...
PYPL on the 30-minute chart over the past week fell 10 %, Based on the anchored VWAP bands as well as the volume profile it is in deep oversold territory potentially as a reaction to the stablecoin plan. Volumes are relatively hig while the ZL MACD has had a line cross under a flipping histogram. I see this as an excellent long swing trade setup targeting the...
SOFIR showed here on the 30 -minue chart has had great volatility in going no where since the start of the year. Volatility can be harnessed for profit. This is the essence of swing trading. With an intermediate term anchored VWAP band and line setup, it can be readily seen that price first was resisted by the second lower band line in purple then broke...
EXFY recently had an earnings beat and has bullish momentum. While on a sixty minute chart it may appear to be overextended, in the context of an all-time-high of about $50 perhaps it has as much as 20X upside. EXFY rose from the earnings beat and then retraced and reversed the retracement. I see it as a long wing trade perhaps until the approach to the next...
There has been a lot of recent hype surrounding SOFI, but I have been patiently waiting for a buy opportunity at the yellow support line. This week NASDAQ:SOFI had a strong rejection at the white resistance zone between $8.41 and $8.95. My key buy target has always been this yellow trendline, I think it will take some patience to get there though. The estimated...
I think we're in meme stock phase of the cycle where things start pumping that make absolutely no sense at all -- Sofi is one of those stocks. Again, wouldn't hold this thing, but it looks great for a trade. Above the trendline and we should see a decent move to the $15 level and potentially to the $18 level if the first resistance breaks. Let's see what happens.
placed the fib on on pivot and run up. $7.30 ish area is a great buy zone per the fib tool. I'll give it a whirl. fintech is on one this year and i like it.
A repeating pattern and potential opportunity All three companies have some form of crypto offering. NUbank, Coinbase and Sofi appear to have similar bottoming patterns with double bottoms and a head and shoulders style reversal. The charts are not identical but you can clearly see a repeating testing of levels and a price cluster (red shaded area) which...
SOFI is now in a nice bullish upward move after the earnings correction . Due to upcoming NASDAQ correction next week . SOFI might drop and test the support level of 7.68 Entry can be made with a strict stop loss of 6.90 It is just bouncing up from its 200 EMA/SMA which is a great sign of bullish movement .we can see the previous bounces off the 200 EMAs have...
SoFi Technologies Inc., ( NASDAQ:SOFI ) the fintech disruptor once labeled an "anti-bank," has achieved a significant milestone by posting its first-ever profit in the fourth quarter of 2023. The San Francisco-based company, led by CEO Anthony Noto, exceeded analysts' expectations with a net income of $48 million, marking a noteworthy leap towards its ambitious...
Sofi formed a nice bullish diamond pattern nicely visible on 30min, which should play out next week. Market might be a little tired after a little selloff. Buy the dippers might step in and Sofi could be on the receiving end. The end of the pattern might play out at the gap fill at roughly 9.50. Good luck.
SoFi Technologies ( NASDAQ:SOFI ) is displaying a promising upward trend in the medium to long term, reflecting positive developments and heightened investor interest. NASDAQ:SOFI is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. ...
NASDAQ:SOFI is currently testing its Pivot Top from May 1st, 2023, marked by a green arrow. For bullish momentum to be sustained, Sofi must remain above the designated purple line. However, if it closes below this level and sustains that position with a weekly close, it would indicate that bearish forces have taken control.