SOFI Breakout
Sofi has made higher lows since it gapped down in August and is trading just bellow the POC line (ytd).
The RSI is still low around 53 and the most recent daily candle closed above the .38 fibonacci level. The 9ema crossed the 20ema and the most recent candle closed above the descending trend lines.
I anticipate some resistance at $15.56
targeting: $16.70, $17.56, $20.03
The RSI is still low around 53 and the most recent daily candle closed above the .38 fibonacci level. The 9ema crossed the 20ema and the most recent candle closed above the descending trend lines.
I anticipate some resistance at $15.56
targeting: $16.70, $17.56, $20.03
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