Possible Breakout

Falling wedge in progress. Breakout to $10.10 might be in play. Need more volume to come in to make this happen.

交易進行

$10.10 has become support and now $13.56 is in play. Earnings in 8 days and a positive report might push it to hit $13.56.

交易進行

Also be aware that a deeper cut to $8.50-$9 is very possible. There's some hunting below the $10.10 support, plan your stop loss and avoid being hunted.

交易進行

Yesterday it went low as $9.77 , but buyers came in to support $10.10 (.236 fib). IMO a healthy move would be to be in this $10.50-$12 range for a few weeks before it attempts to break $13.56. Slow an steady will create healthy supports and low-term investors will have more confidence in starting a position.

交易進行

IMO the name next resistance is $11.75. After that $13.00 will be the hardest resistance to break. The longer it takes to build and break, the better.

交易進行

Impressive that SOFI is holding strong through all this blood on the streets.

註釋

Looking good, needs to break $13.56 and make that the new support.

註釋

Looking good. Looks like $16 is next.