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SoFi: A Catalyst Saturated Fintech About To Drive Rapid GrowthSoFi has been beaten down, manipulated and ridiculed due to its SPAC origins… without even taking into perspective of the fast growth ahead of it. The biggest reason that SoFi hasn’t seen rapid growth so far is due to the Biden Administration Extending Student Loan Pause Through May 1, 2022. I firmly expect this to be the last extension. “The Department will continue its work to transition borrowers smoothly back into repayment…” When this ends in combination with SoFi recently getting its bank charter approved… Revenue and Profit Projections will be updated to the positive. SoFi has already started rolling out new features for members such as Margin trading, a 1.00% APY on both checking and savings (Market Leading) APY). More to come… I highly expect SoFi’s upcoming earnings to be solid with an incredibly positive guidance ahead of it. Many Major Analysts support this outlook with current ratings and price targets. My Opinion: $25+ is very realistic within the short term (2-4 months) $35-$45 by end of the year with continued expansion in provided products as well as operations through CONUS & Internationally. (Not a licensed financial advisor)
NASDAQ:SOFILong
by AlexCutler247
HOOD Robinhood: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Robinhood Markets, Inc (HOOD). The chart is self-explanatory. Price has a nice short term move up, however RSI just broke the support line, with the potential of a move down in price. Please read the chart for all the notes. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Stochastic RSI, Volume, Parallel Channel, Median Line. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NASDAQ:HOOD
by MillionaireEconomics
4
SQ Block Inc: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Block, Inc. (SQ). The chart is self-explanatory. The price is in a descending broadening wedge and making an attempt to break out of the wedge. If price gets rejected it could fall into the Support Areas. RSI is at the S/R line and has potential to bounce off of it. If RSI breaks down, expect the price to continue falling down. Price is below the EMA Ribbons and SMA (50 and 200). Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Descending Broadening Wedge, Fibonacci Retracement, Death Cross, Simple Moving Average, Exponential Moving Average, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have additional charts below on cryptocurrencies, stocks and more to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:SQ
by MillionaireEconomics
SOFI Becomes a National BankToday, SoFi Technologies ( NASDAQ:SOFI ) announced that the company received regulatory approval to become a National Bank. This is a massive achievement for SOFI. The Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved SOFI's applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp and operate its bank subsidiary as SoFi Bank , National Association. SOFI expects the acquisition of Golden Pacific Bancorp to close in February 2022, subject to the remaining customary closing conditions. “This incredible milestone elevates our ability to help even more people get their money right and realize their ambitions,” said Anthony Noto, CEO of SoFi. “With a national bank charter, not only will we be able to lend at even more competitive interest rates and provide our members with a high-yielding interest in checking and savings, but it will also enhance our financial products and services to ensure they efficiently meet the needs of our members, business partners, and communities across the country while continuing to uphold a high bar of regulatory standards and compliance. This important step allows us to add to our broad suite of financial products and services to better be there for our members during the major financial moments in their lives and all of the moments in between. I’m incredibly proud of our team and excited about the opportunities ahead to help even more people achieve financial independence.” Last year, in a key strategic step in SoFi’s path to obtaining a national bank charter, the company announced a definitive agreement by its subsidiary Social Finance to acquire Golden Pacific Bancorp and its wholly-owned subsidiary Golden Pacific Bank. SoFi plans to contribute $750 million in capital and pursue its national, digital business plan while maintaining Golden Pacific Bank's community bank business and footprint, including Golden Pacific Bank's current three physical branches. At the time of the announcement, SoFi submitted a revised business plan for Golden Pacific Bank to the OCC and an application to become a bank holding company and for a change of control to the Federal Reserve for approval. After completing the acquisition of Golden Pacific Bank, SoFi Technologies will become the parent company of SoFi Bank, National Association. Over the past year, SOFI investors have been hit left, right, and center holding onto this highly volatile stock. In fact, the stock has continued to move towards all-time lows day after day. That being said, fundamentally, the business continues to perform very well. SOFI's guidance for Q4 2021 points towards SoFi reigniting revenue growth rates to 55% yr/yr growth. This gives investors reassurance during this turbulent time that SOFI is indeed still growing rapidly. Right now, with SOFI's National Bank approval, this fintech stock's risk-reward profile is arguably the best it's ever been.
NASDAQ:SOFILong
by TickerTimeNews
33
Omicron we didn’t like but let’s try to recoverThe latest covid variant has certainly thrown the market into panic and has caused several collapses including the recent transfer of value by this ETF. In my previous analysis in November, my idea of increasing the price of ARKF was completely disregarded. Despite everything it seems that institutional investors have not changed their tendency to reduce the SHORT positions that they had already started, the recent collapse seems to be due mostly to sales by professional investors. Now a reversal of this wave of sales seems to have begun, so I expect a price rise again. I’ll mediate the positions already in place, waiting for the ascent.
AMEX:ARKFLong
by MarketMiracleAdvisor
Upstart's Next RallyElliot Wave Analysis on $UPST: 1- Corrective Wave 2 should most likely be completed somewhere in the zone depicted on the chart 2- Wave 2 may not be complete before 17 Mar 2022 3- Wave A, the first leg down of Wave 2, is already stretched enough so the price should reverse to the upside sooner than later 4- Wave 3, which is usually the longest and strongest of all waves has a price target of $750 to $1130. A more accurate target can be estimated once Wave 2 is complete 5- A very rough estimate shows us that Wave 3 should be completed around mid-2024 yielding 5x to 8x if $UPST is purchased at today's price around $140 This is not financial advice, DYODD
NASDAQ:UPSTLong
by IboProtrader
$PKK Double Bottom Reversal PatternThis is where Technical Analysis and strong company fundamentals collide. CSE:PKK has their strongest quarter incoming (Q4) which is expected to surpass 2020's revenue in it's entirety. This, combined with a NASDAQ listing, and other unknown catalysts should result in powerful capital market results. More on the double bottom pattern: "The double bottom looks like the letter "W". The twice-touched low is considered a support level. The double bottom pattern always follows a major or minor down trend in a particular security, and signals the reversal and the beginning of a potential uptrend. Consequently, the pattern should be validated by market fundamentals for the security itself, as well as the sector that the security belongs to, and the market in general. The fundamentals should reflect the characteristics of an upcoming reversal in market conditions. Also, volume should be closely monitored during the formation of the pattern. A spike in volume typically occurs during the two upward price movements in the pattern. These spikes in volume are a strong indication of upward price pressure and serve as further confirmation of a successful double bottom pattern."
CSE:PKKLong
by MicroChartist
#SKFINDIA #NIFTY #BANKNIFTY #Iot #IT #NFT #ML #muhurattradingSKF India Ltd. NSE:SKFINDIA NSE:SKFINDIA CMP: 3519 Target 1: 3800+ Target 2: 4500+ Time frame: <6months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:SKFINDIALong
by Rachit_Sethia
Ethereum vs Visa: A Tale of Two ProtocolsIt was the best of times and worst of times for two payment protocols. First consider Ethereum. The Defi giant hit a new all-time high early this morning, some 43 hours after the Altair upgrade took effect. If all goes well, it will be a key incremental step toward Ethereum 2.0 – making the cryptocurrency a scalable solution for countless fintech problems around the world. Next, consider Visa . The once-mighty credit-card giant (and Dow member) crumbled to its lowest level since March, hammered by higher costs and tepid global transactions. Then came a Wall Street Journal report that the Justice Department might be probing its relationship with companies like Square and PayPal . These developments could be the first step toward weaker results and increased regulation. It’s like a history book playing out. The cracks appear in an ageing giant that for years enjoyed a near monopoly. Meanwhile, its ascendant rival enters the homestretch on a series of improvements that could plant it on top of the world. Also consider this: Along the way this week, Ethereum flipped ahead of V in market cap. Anyone doubting the rise of cryptos needs to pay attention. As the chart above suggests, innovations anticipated for years are starting to bear fruit. Life may never be the same. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
E
by TradeStation
1
PKK to $17-18 in NovemberFollowing a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after the de-listing ended up basically just printing another flag. Golden cross on daily two days ago as well as crossing over the 200MA on hourly timeframe since the beginning of the pullback and yesterday and today we are testing the top of the band with uplisting news expected today. Looking for $17-18 by end of November.
CSE:PKKLong
by Keeegs
1