$SOFI - It can bounce but

SOFI This is a case of a diamond pattern breakdown. Diamond patterns can be either bullish or bearish, depending on how they resolve. In this case, the pattern resolved to the downside.

The breakdown target is around the 200-day moving average (200DMA) or $10–$11 range. So create a plan for that.

We are at the midway potential reversal area, supported by the VWAP.

We had a hammer candle on Friday, so let’s hope it follows through. 🙏