$SOFI - Working against the trendline and VWAP resistance

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SOFI declined to the 200-day moving average (DMA) area, which was the breakdown target, and then bounced. It’s remarkable how technical targets are hit with such high accuracy.

Currently, it is testing the channel trendline and VWAP resistance. If it can break above $13.70 and hold above that level, it could serve as a launchpad for the next leg.

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