I am looking for SOFI to start off the week a little higher and then fall to the mid 6's. Either the end of the week or in early june I am expecting a run to anywhere from 8-10$ tops (depending on the structure of the b wave). And then it will make its final descent back down towards the ATL's. I go more in depth in the videos on my channel.
Sofi has been declining for like forever with a massive short attack sitting at 20% 143m shares !!! last trading volume of 40m with 14m short value. this is not going to stop soon but when it does i hope you'll have your gun loaded. i suspect 6-8 dollar range wont break and it is a great buying opportunity.
If we consider the previews falling wedges and the rise that followed them, i would expect that the price target for SOFI of Citigroup to be the next major jump after the all time low bounce. Looking forward to read your opinion about it.
Looks like wave C of this downtrend could be a double three. If that is the case it should bounce next week if the overall market is decent. Looking for 10-11$ short term. If it ends up being a triple three which is very likely considering I think the overall market (see SPY chart) might bounce early next week and then is extremely bearish, SOFI will go lower...
SoFi gained approval and started SoFi Bank operations after the end of 2021. With the Super Bowl played at SoFi Stadium they gained a lot of brand awareness. In the chart we can se a massive bullish divergence. My short term price target is the $14.15 resistance. Bank of America targets $17 for SOFI shares. Looking forward to read your opinion about it.
Two weeks ago you had the chance to buy SOFI at the SPAC price of Dec 2020. What a round trip it made! On Sunday, Superbowl LVI is hosted on the SoFi Stadium. It looks futuristic and will drive a lot of attention to its sponsor, SoFi, the online personal finance company that paid about $625 million for a 20-year naming rights deal. My short term price target...
if we hold our first support , it will be a good indicator for strong bullish momentum, and we will see a test for our 2 target levels.
Picked up a nice size position based on December 28,2020 candle wick high of $13.04. I've got another buy set for December 22,2020 high of $12.14. Doesn't look like it will get there, but I'm prepared. Now I'm looking for a move to $13.93 this week and then $17.15 this month. I like the fundamentals of sofi. With higher interest rates, pending bank charter...
NASDAQ:SOFI intra day is trading at >$16 as I type this. On December 10th SOFI was printing below $15.46 Since then, it has tested the $15.46 level twice since its initial drop below that level (a 20 calendar-day period). Lets back up in time some for context: On Nov 11 SOFI printed intra day at $24.63 Since then, SOFI has been trending downward and has...
i've actually been eying this stock for maybe a month now, i dont short or play puts so i waited patiently for entry. today i bought 400 shares and i am looking for this to make highs back to $22-$25. sofi seems to have a good army of investors and institutional holders. this could become a long term hold if bank charter news creeps closer anytime soon!
Technical Analysis has been a hobby of mine for a few years now, and charts like this one really get me going. DISCLAIMER: THESE ARE STRICTLY MY OPINIONS ON THIS DATA. THERE ARE MANY DIFFERENT OPINIONS, THESE IDEAS COULD INVALIDATE AT ANY TIME. THE STOCK MARKET IS A VOLATILE PLACE, DO YOUR OWN RESEARCH. THIS IS POSTED FOR EDUCATIONAL PURPOSES ONLY, NOT ADVICE....
NASDAQ:SOFI 2 Levels of support; solid white and dotted white lines. The dotted line is allowing lower lows The solid line is allowing higher lows Look for the upper/solid support line to be respected in order to continue setting higher lows and continue an overall bullish uptrend If the lower/dotted line is broken with confirmation, the bears will have...
NASDAQ:SOFI Big takeaway: EMA cloud flips in accumulation zone/selling pressure zone. Look at the blue circles, these would have been excellent entry point for a long position. 2 Levels of support; solid white and dotted white lines. The dotted line is allowing lower lows The solid line is allowing higher lows Look for the upper/solid support line to be...
Looks like SOFI is possibly setting up for a breakout in the next 1-2 weeks. I am not giving any direction on which way I think it will go but I have plotted out possible levels of support/resistance that it could test in the near future.
Symbol: Sofi Pattern: Double Bottom Timeframe: Weekly Measured Move: $32 (40%) Entry: $23 Target profit #1 $26.50 (15%) Target profit #2 $28.50 (24%) Stop loss: 20.5 (-10%)
SOFI (SoFi Technologies) Symmetrical Triangle Chart Pattern