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,...
Price just dropped to a demand zone. You can start adding now and until the break out. It could take weeks or months but looks that just hit bottom and the risk reward is huge.
I think there's a good chance that NASDAQ:SOFI 's is finally finished. The next few days it will be worth watching this stock. If SOFI manages to close above the downward channel this week and it doesn't get instantly sold on Monday I could see it have some explosive upside. Otherwise, we may be in for another test of the lows.
I have a long position in the...
Hey guys it’s Amir how are you?
So let’s talk a bit about SOFI…
We broke the channel and came back to retest and now got bounce up.
Now we have two scenarios:
1. Price will go up complete the breakout (which I personally believe have more odds than the other scenario…)
2. The price will break down and go back to trade within the channel.
The RMACD and STOCH gave...
we are right at the edge of a break in 2 ways one being the parallel channel the other is a resistance that is seen 2 other "the blue line" times pushing price down if we can confirm above this area on the daily our ultimate target the AUG highs of 11.70
I entered a trade on NASDAQ:SOFI as the price closed above the 50MA on Dec 1.
We see that the price rallied since then and was facing a diagonal resistance level which we broke through today (provided that the price closes above it).
The short term MA's are sloping up indicating a short term uptrend, while medium term MA is slowly moving in the same...
Sofi has been in a large megphone channel for a long time. The stock has been heavily shorted leading into its prospective first quarter of profitability. Recently, Sofi has broken the red resistance downtrend on strong momentum. I have added in some late dated and medium dated calls to add some leverage to my large spot position. Those who interact with this post...
Sofi has remained in a megaphone pattern for a while with an additional downward trendline staying true. This test on the 4 hour is the first candle body above the line since the Megaphone started. RSI has been on a steady uptrend. Sofi is approaching its first quarter for a goal of profitability. The stock is heavily shorted. I recently entered a 6 month call...
SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”
US consumer fintech SoFi has announced it is ending its crypto services on 19 December, with users being given the option to either close their crypto accounts or migrate them to Blockchain.com.
All remaining accounts that have not instigated a migration before 19 December (or 28...
Sofi maintains the megaphone I have been following for weeks. I believe this stock is heavily manipulated, and therefore VERY hard to trade short-term. This is the first candle body above the 20 EMA in a while and the RSI is on a macro uptrend. Volume has a slight uptrend as well. I think this next quarter's earnings will be the needed catalyst to take this stock...
NASDAQ:SOFI Don't forget about the cup and handle ☕️ that I posted on Sept 4th for the long term. I moved the neckline to the $10 area after reviewing.
Price targets:
$10
$14
$17
