BIG SPIKE TODAY TIME TO GO LONG 2hr
target price of 11-12USD within 2 weeks with continued price momentum and good volume which seems to have had a nice signal today around low 8s. Keep an eye out for Sofi prior to fed speaking this friday good be some volatility to the upside incoming. I think its time to reenter long.
if it can gain bullish momentum and break through 9.09USD would be another ideal entry for price confirmation
support has been around $8 so stop loss can be applied
Consistently increasing earnings per share
Poor earnings and cash flow may force dividend cuts
Quickly burning through cash
2 analysts have revised their earnings downwards for the upcoming period
Stock generally trades with high price volatility
Stock has fared poorly over the last month
Valuation implies a poor free cash flow yield
Not profitable over the last twelve months
if it can gain bullish momentum and break through 9.09USD would be another ideal entry for price confirmation
support has been around $8 so stop loss can be applied
Consistently increasing earnings per share
Poor earnings and cash flow may force dividend cuts
Quickly burning through cash
2 analysts have revised their earnings downwards for the upcoming period
Stock generally trades with high price volatility
Stock has fared poorly over the last month
Valuation implies a poor free cash flow yield
Not profitable over the last twelve months
infamousnicone
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