Oversold but room for more
Updated
SOFI has had a great run. But it's oversold on the daily and weekly. On the daily it broke through a falling wedge and on the weekly it took out a strong $12.50 resistance point. Now I'm looking at SOFI on the monthly. It's important that SOFI stays above $12.50 (green line) on the weekly. If it can create a falling wedge above the $12.50 this month it would cool it down and bring in more investors for the next push to $16.
Trade active
Looking good. Broke resistance and targeting $16 with some pullback here and there. RSI looks good on the monthly.
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