SOFI has made its third contact on the daily parallel channel, and it has earning this Tuesday.
Price has appeared to cycle to the top of the channel and is pressing against a key level 13.10.
Stochastic RSI overbought but buyers appear to still have the upper hand, RSI is at a healthy level, and it appears to be rising. CCI level is very strong at 166 and not near 200 reversal levels. If SOFI rises and closes above $13.10, possible targets are 13.48 and 13.87 if it rejects possible price target 12.32. Please be mindful of volume and fake outs. Please observe chart for key levels.
Price has appeared to cycle to the top of the channel and is pressing against a key level 13.10.
Stochastic RSI overbought but buyers appear to still have the upper hand, RSI is at a healthy level, and it appears to be rising. CCI level is very strong at 166 and not near 200 reversal levels. If SOFI rises and closes above $13.10, possible targets are 13.48 and 13.87 if it rejects possible price target 12.32. Please be mindful of volume and fake outs. Please observe chart for key levels.
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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.