The four hour timeframe seems to be oversold, accumulation of shares are underway this may be the last chance to purchase these under 7.50 after they report earnings, if im incorrect then this will fall back down further down to 6.50. WHich was a key price point when The CEO anthony noto purchase his own shares which is only a dollar more that we would pay. The...
Looking for the upside on Sofi coming off of symmetrical triangle a little risky because if the trendline breaks , it doesn’t have far room to fall, because we have a double support. looking for a price target of $11
Next monday is a huge day for Sofi investors, the first GAAP profitable quarter is expected to be announced and the stock could rip or dip on the news. I am a sofi bull and was all last year and am heavily positioned into this setup. This volatility only makes options more lucrative as the Vega on these calls is insane. I chose the June 10$ strike to have some...
NASDAQ:SOFI Sofi has either bottomed or is close to the bottom. I don't see it going below $7. It could touch that triangle bottom trendline, providing strong support. My near-term target is $9.50. I will post long-term targets again in the future.
i was gonna call this tank but was like meh Dont worry the effects of the recession are just kicking in (me who doesnt live in the USA speaking casually "dont worry its just recession things lol" (i know there is a ripple worldwide so shush)) that said the wen bottom prophet has come to speculate firstly yes there is going to be a dip in all sectors so its...
There are a few factors that make this a good entry: 1. it is the 61.8 of the move from $4.45 > $11.67 2. it is also where the lower trendline intersects this point 3. RSI is oversold What do you think?
Sofi has revisited a prior area of long term resistance. Will this hold for support? This heavily manipulated and shorted stock has been a real roller coaster. I still hold a large spot position and doubled down on 10$ strikes for June on this dip today. I expect profitability to throw the market for a loop and a short-squeeze on earnings. My price target is still...
SOFI looks like it will shoot up higher next week from the support of a double bottom in the day chart. looks like it wants to bridge the gap next week. Before the day chart there is week chart. The last two candles on the week are both red, but they do not pass each other in high and low witch give mega support to a huge green candle that is expected to come....
Cup and Handle formation with price target $13.60-14 Similar target with November Bull Flag Earnings 1/29/24 projecting profitability Current position: SoFi 3/15/24 $10 C (Cost $1.26) BTO 12/21/23 SoFi ~$9.60 TP Stop SoFi ~$13.60 (Credit $3.6)
the price action has had some recovery in the mid 6s, as insiders have reluctantly sold of shares more than buying shares. confidence has been renewed for many investors once Noto bought shares recently at the mid6s. observing the weekly daily and four hour charts there can be a potential reversal underway and can be an intriguing point for Long entry if thy is...
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.
Price expected to break to the upside as high as 8.75 within small bullish megaphone pattern. After it might head back down as per the larger bearish megaphone patter. 15 minute frame.
Here is a weekly view of the SOFI chart I have been using all last year. This heavily manipulated and shorted stock is extremely hard to trade short-term (unless youre an insider of course). The teal arrow points to the most important trend line imo as the megaphone seems to not like to hold these days. I have the historical price levels as my next price target...
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...
Sofi has been a popular stock to short for the past year or so. I find it funny that insiders can publish negative news and also be in shorts on the stock as the same time which is clearly the case here. The stock fell back into the long-term megaphone and created a massive gap on the daily. Mixing this with the market uncertainty, sketchy bond price action, and a...
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. ...
Sofi does not have a ton of price structure until around 11$, the next target is 14ish around the almighty golden fib. Finally bulls have overtaken the bears, but the stock is still heavily shorted. We might see another bounce at 9.2 on top of the megaphone pattern I have tracked for months but I think the bullish trend remains.
Sofi is taking another shot at this red resistance it has struggled with for weeks. The takeover of the EMAs was short-term bullish. This convergence of EMAs signals contraction to me, and you know how I feel about contraction. As the candles get smaller and RSI rises a big move is on the horizon. Sofi being GAAP profitable this coming quarter is not priced in,...