IPOE long calls + protective putsSOFI+IPOE merger is on June 1, around 7 trading days. Past SPAC behavior has always dipped after merger but we will see if this can hold the price above $18.5 and $19.5 on the day of merger date. I have high exposure on this security and i will be getting a full hedge incase of a sell off. What do you guys think?
20x 17.5 October calls , 3x 15 October calls, 5x 17.5 June calls. Protective puts will be placed within the next few trading days.
I would prefer to trade this stock days after the ticker change to $Sofi.
IPOE
IPOE appears oversold and primed for a reversal.I received a oversold confirmation today on my daily chart today. Displayed above is the 4H and 1D charts. These events do not happen very often so I thought I should make note of it here for reference. I would like to note that this appears be moving up on low volume, so it could be a false reversal, but it might be a good time to average down or start a small position.
I have been long since the merger was announced and eagerly await the day IPOE becomes SOFI.
I am also long FSR, PSTH, IPOD, and IPOF.
I GOT OVER #SPC #OPEN #CLO #SOCIAL CAPITAL #SPACSAND DISCUSS SOME OF THE PHILOSOPHY
OF CHAMATH PALIPATHYIA
A POTENTIAL WARREN BUFFET FOR THENEXT COUPLE GENERATIONS
Possible IPOE Entry 19.20$-18$IPOE looking for a possible retracement in March up to 24.70$ (28%+ Upside) with strong resistance at 21$. IPOE is currently sitting above the 50 day SMA line, with the MACD looking to roll over green, and the RSI is oversold. Price action might be heavily variable due to IPOE & Sofi merging this month, negative sentiment in the SPAC market right now, and the possible ripple effect from Clover Health's SEC investigation. This is not financial advice, I am not advocating the buying or selling of IPOE stock.
Possible IPOE Entry 19.20$-18$IPOE looking for a possible retracement in March up to 24.70$ (28%+ Upside) with strong resistance at 21$. Price action might be heavily variable due to IPOE & Sofi merging this month, negative sentiment in the SPAC market right now, and the possible ripple effect from Clover Health's SEC investigation. This is not financial advice, I am not advocating the buying or selling of IPOE stock.
Accumulation phase. 150% - 300% potential after SOFI Merger dateCurrently holding a long position. Support is at $22 and $18. I am expecting a huge rally after SOFI merger date is released. We are still in an uptrend.
IPOE heading to $25 in the short term.I'm jumping in a bit early on this one. Normally i would like to see an oscilator change before I dive in but this one I'm comfortable owning.
IPOE - Buy zone $20-$22 then 50% gain?IPOE - Buy zone $20-$22 then 50% gain? Patience usually pays off. There is a gap around the $20-$22ish range. Fib golden zone also. We will see if price drops to these levels?
IPOE buying in at 23We are queuing to buy the following
NIO 56.5
HUT 5
PLTR 26.472
IPOE 23
ACTC 24.50
CCIV 33
Queuing to sell the following
DB 10.49
SNDL 1.21
ABEO 2.66
APA 17
OSTK 95
RIOT 25.85
IPOF $20 price target Chamath Palihapitiya, the one and only spaq king, has so many of these its hard to keep track. I like this will get to $20 in the next 6 months. I intend to be adding on dips around the blue horizontal lines which are weekly levels of interest. The Chamath wave is just starting.
