What do you guys think? $SOFI - great fundamentals and lots of potential in the business.
SoFi Technologies has received a lot of attention from a substantial price movement over the last few months, increasing to US$23.89 at one point, and dropping to the lows of US$13.75 It seems Sofi Technologies has be gaining as a platform, and members seem to be growing. The further development of their app and platform should increase user satisfaction and...
After plotting the Fib retracement using January's low as the anchor, some really interesting levels started to present themselves...mainly the 786 fib line. Each time it has broken down and tested it, SOFI bounced shortly after. Now that volume is beginning to gain ground, this could get interesting. On top of that you can see that the 618 fib line has also...
Looking beautiful, dip below trendline to fake people out, long as it stays above the red line it should fly out of the wedge, volatility extremely low.
I expect this stock to keep plummeting to find support and once that happens it will rebound. I expect another 10%+ run down till all shorts are exhausted. Currently highly shorted. Watch out for volatility.