... for a .41/contract credit.
Notes: Rolling my covered calls from September to October here with a resulting cost basis of 16.17 (See Post Below) - .42 or 15.76/share. I wanted to do this before more volatility pisses out post-earnings announcement. Still have the September 17th 15 short put on, which I'm intending to run to expiry, since this is a...
a break of $17.75 and $18.62 / could open $20-$27/
buys zone $14.18 /
SOFI is exceptional/ I recently opened an account with SOFI and I am very. pleased.
x5+ return potential //
long position and Jan calls//
Hello everyone,
It looks like the Triangle pattern for SOFI has been confirmed by the bounce from the support.
We have 2 gaps at around the same levels that we are going to fill next, as the TP is going to be set at around $23.
I wish you all good luck!
(1) first purple zone is target to 18-20 in short-term
(2) second purple zone is a confirmed entry zone after SOFI breaks out the triangle, and consolidates above average volumes price
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...
Social media manipulations mean: a 355% increase in The Wallstreet Bets mentions just today..! 84 days cycles..!
Wallstreet bets are run by Financial markets experts, Social media experts, Public figures, and using AI ..!
Poor apes..!
It's an online banking stock with high options' premium.
It's now at a much lower risk to write both puts and calls.
Trend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for...
Hi,
SOFI Technologies about to break up. All technical indicators suggest upwards movement as highlighted on the chart.
I will monitor closely but massive opportunity to buy now or wait for a little bit more weakness.
Targets as per Chart
Idea only.
Open for discussion right here or in private.
Let me know what you think .
Regards
KZ
... for a 1.70 credit.
Notes: I already have a two lot of covered calls on, but want to take advantage of high implied volatility here to potentially add at support. As usual, I'm fine with taking on additional shares, particular where the cost basis would be 15 - 1.70 or 13.30/share. 12.78% ROC at max as a function of notional risk.
SOFI has performed a solid crossover of the 14 period Linear Regression Line over the 30 period regression line on CMF trending towards positive. The slope of the 30-period linear regression line has also turned slightly positive, confirming another aspect of my system.
After today's 9% gain, it's likely that Redditors will be pouring into this one again, which...
3 big bounces off this bottom trend its been holding, recently broke below while being held back by its top trendline. today was a nice bounce off support showing bulls are still in control, break over 17.5-18 area and we head back to 20+. goodluck! please like and follow if you enjoy my ideas <3
Multiple touches in the yellow box could validate a possible bottom.
I’m long shares - might close before ER if this thing goes parabolic; slow chop up would be ideal
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.
