Long

SOFI - Can it break through the next Resistance Level?

SoFi is up about 50% since mid May. Can it make it to the 100% gain level around $10? Well Sofi has to breakthrough this key zone first. SoFi is trading above the 200 day EMA ' blue watermark'. Even though price is above the 50 day moving average, the 50 day moving average is below the 200 Day EMA 'blue watermark'. Therefore, there may be a pullback before price attempts to break out again. In order to get back to all-time highs SoFi will have to increase in price by 400% from the discount level. Do you think it is time for SoFi to takeoff?

PortfolioBuildersClub

Portfolio Builders Club on You Tube
youtube.com/@PortfolioBuildersClub

Join the Portfolio Builders Club Community
whop.com/portfolio-builders-club/

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.