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
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.
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...
In the dynamic landscape of the stock market, SoFi Technologies ( NASDAQ:SOFI ) has emerged as a compelling player, capturing the attention of investors with its upward momentum and positive long-term prospects. As we delve into the intricacies of SOFI's recent performance and market indicators, a clearer picture of its potential unfolds. Price Momentum and...
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.
Shares of SoFi Technologies (SOFI) gained ground Monday through Tuesday after the fintech company raised its full-year guidance following a quarter in which it achieved record new memberships and product enrollment, as well as a big increase in student loan volume. SoFi reported a third-quarter net loss of $19.5 million, or $0.03 a share, but CEO Anthony Noto...
A Major classic Bear Flag is setting up nicely with an targe extension pole to $4.60. Remember the length of the flag pole is the measured length to the target price which sits at the $4.60 which is also the support area.
SoFi jumped short and opened high This chart shows the weekly candle chart of SoFi stocks from 2021 to the present. The top to bottom golden section is superimposed in the figure. As shown in the figure, the low point of SoFi stock in the past two years is exactly the 4.000 level of the golden section in the figure, and the high point in June this year is...
Looking to see something like this play out for NASDAQ:SOFI to complete a 5 wave structure.
Not sure what this company does. Candle pattern may form into something great, preempting that. RSI crazy, 50% allocation for this trade. Tight stops.
The Inverse Head and Shoulders pattern is a classic technical analysis pattern that signals a reversal in trend from bearish to bullish. It is the exact opposite of the Head and Shoulders pattern which indicates a bearish trend reversal. Here's a detailed description of the Inverse Head and Shoulders pattern with key indicators: 1. Formation : This pattern is...
sofi is buy in 2-3 month ahead , it’s making a diametric pattern in couple of weeks but after this correction it can be moved to high level or new high level
Sofi down big after reporting earnings and in my opinion this is a buying opportunity with big guidance in the future
In my opinion, SoFi's current position in the fintech industry is strikingly similar to how Amazon benefited during the dot-com crash. As the banking sector faces a crisis, I believe SoFi is poised to capitalize on the situation, much like Amazon did when numerous internet startups went under, leading to an influx of consumers flocking to Amazon.com. As...
As we prepare for tomorrow's earnings release for SoFi, it's time to take a look at their past performance. SoFi has made significant strides in the fintech industry, but will these efforts be reflected in their earnings and push their stock above $6.00, reaching the daily zone and testing the 200 EMA? Or will SoFi remain a $5.00 stock?
after a big terminal as wave c , we are in diametric pattern now , it’s ready to make wave F and then G , SO TARGET IS $9 FOR NOW so it’s long in my opinion
If it gets back around the 5.75 area it looks like the shorts can step back in.