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Sofi

SOFI: Flying today! What's next? Post-Earnings analysis.• SOFI jumped after earnings, but it hit a critical resistance; • In the daily chart, there’s a resistance area made by the previous top levels seen on September (blue area); • In the weekly chart, SOFI just hit the 21 ema. In addition, the trend is still bearish, as SOFI could do a higher high and it is still below the 21 ema; • However, it seems it found a strong support at $4.82 (red line); • In order for SOFI to reverse the bear trend, we must see a stronger bullish structure, not only a fast/intense bounce to its resistances; • Since SOFI is showing some weakness, in theory it’ll retest its support levels next, like the 21 ema or the $5.70 (previous top). Remember to follow me to keep in touch with my analyses!
NASDAQ:SOFI
by Nathan_The_Finance_Hydra
SOFI: New ALL-TIME LOW! Is it the time to buy?• SOFI is crashing sharply today, and it did a new all-time low today, at $4.79; • However, it seems it’ll close above the previous all-time low / support at $4.82 (black line); • If SOFI is about to react, now is the best time. Below this point, there is no other technical support level to work with, and then only a very strong bullish reversal sign would reverse the bear trend again; • By reacting at its all-time low, we can assume it might bounce back up to the $5.57; • This wouldn’t be a bullish reversal structure yet, as we must see higher highs/lows for that; • If SOFI performs a mid-term bullish reversal structure in the daily chart, the area around $8 will be the next technical target; • For now, let’s pay extra attention to this support level, as we might see an opportunity on SOFI soon, and be extra careful. Don't trade without confirmation. I’ll keep you guys updated on this. Remember to follow me for more analysis like this! Keep in touch.
NASDAQ:SOFI
by Nathan_The_Finance_Hydra
SOFI Dip and Rip Pattern🔸️Ticker Symbol: SOFI 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: SOFI Stock on 8/24 had a great push to $6.87 and is currently experiencing a slight pullback to approx $6.40. The couple metrics I want to keep an eye on is our linear regression indicator and also our bottom dashboard indicator to make sure that money is continuing to flow into SOFI and that we stay above the bottom deviation level on our bull regression trend. If we can hold support at $6.03 and not break below this stock could potentially see a push to $7.15 in the coming week! Thank you for following! 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
NASDAQ:SOFILong
by TrendsiTrades
$SOFI heavy insider buying from CEOI think Anthony Noto is looking at the weekly chart too. Seeing a bullish cross on the MACD. RSI is extremely oversold and looks to have bottomed out. And SOFI looks like it's battling with the upper bound of this parallel channel. Once it fights through it and closes above it, it should easily hit $7.70. The sweet spot for the majority of people to get out from being underwater is right around the VWAP and what I would consider the next big target, $13.94. (Circled)
NASDAQ:SOFILong
by EBITDAtiger
NQ BANK - Unicorns of Silly ValleyHmmm... 4100 just couldn't hold... 4104to be exact. Try as they might these Junk Banks are laden with Toxic trash. Chocked full of Nutters. _______________________________________________________ Regulators gave them a pass - heavily easing reporting of these Junk Banks, since data only needed to be provided in a prescribed format exactly ONE Time. Inaccurate data submissions, Security interface protection, and IT instability... common excuses. Operational Risk, yeah kinda high given the current environment. SoFi is another example of Data Agg, gone wildly wrong. Caught in many inappropriate and non-compliant use of their technologies, took its toll. Simply, the beginning of the horror show.
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by HK_L61
$SOFI let's make some more money 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10. Our current portfolio: $MIRM, $SOFI, $BABA, and $EQX Our entry: $6.70 Take profit: $10 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
2
$SOFI earnings today 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered digital finance company Sofi Technologies $SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share. Today my team has averaged down on $SOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average. Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need. Ultimately, we are willing to hold this one out until it reaches our take profit. Good luck to all today! first entry: $6.70 2nd entry: $4.87 Take profit: $6.95 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
2
$SOFI earnings next week 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10. Earnings are expected to be reported next week. Our entry: $6.70 Take profit: $10 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
4
5 Stocks Walk into a Bar....A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!" Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy." Mega Cap: Facebook or Meta (FB) has fallen roughly 21% in the past 52 weeks despite having a market cap of $603B. Large Cap: Netflix (NFLX) has fallen roughly 26% in the past 52 weeks despite having a market cap of $165B. Medium Cap: Zoom (ZM) has fallen roughly 64% in the past 52 weeks despite having a market cap of $34B. Small Cap: SoFi (SOFI) has fallen roughly 47% in the past 52 weeks despite having a market cap of $7.47B. Micro Cap Loan Depot (LDI) has fallen roughly 78% in the past 52 weeks despite having a market cap of $1.3B. All of these companies that I have mentioned above are oversold in my opinion, despite being one of the largest market cap in each of their respective segments and most are overall profitable. They all offer an important service that I have personally used in the past or currently use on an almost daily basis. Almost everyone is aware of Facebook now Meta, develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. Between the Facebook app and Instagram, they are currently the largest social media platform to date. The same goes with Netflix. Who do you know that hasn't used or watched a show or movie on Netflix before? Within the US, its almost unheard of. Now, you can get Netflix stock at a 26% discount and its not going away any time soon as the company begins to enter new markets within developing countries. Zoom is a software that played an integral part during the pandemic, where the world resorted to working from home to combat the pandemic's spread. Thus lead to the mass adoption of Zoom's software into many companies around the world who wanted to continue to collaborate in real time. Since the pandemic and the huge gains Zoom saw, it has since erased these gains and sit at what appears to be a bottom, with massive upside potential of well over 100%+ as companies continue to work remotely despite the waning of the pandemic. SoFi provides digital financial services and is taking on the traditional legacy banks. SoFi offers loans, investing accounts, crypto accounts, credit cards, banking, insurance, insight tracking such as spending habits or credit score monitoring and much more. I believe SoFi will give large banks a run for their money, which will ultimately lead to a potential buy-out by one of the legacy banks looking for an edge. As of today, SoFi is down roughly 62% despite being profitable in the past 2 quarters with a 13% QoQ gain in the 3rd quarter of 2021. LoanDepot sells mortgage and non-mortgage lending products and in 2015 was named the second largest non-bank provider of direct-to-consumer loans within the US. With an easy to use platform, and one of the best rate offerings and customer experiences, LoanDepot is poised to grow significantly in the coming years with increased revenues from raising interest rates. Overall, I believe in these companies on a personal level. I encourage all of you to take a look at these companies yourselves and make your own conclusions. I would also implore you to follow the advice of Peter Lynch and always understand what you are investing in, because when the market corrects, which it always will. If you do not understand the company you invest in then you will not have conviction in the company, which you would be much more inclined to sell during a 10%, 25%, or even 50% drop, when in reality you should be adding to your positions during opportunities such as this. As Baron Rothschild always said, "the time to buy is when there's blood in the streets." Even if this is your own blood. What do you think about my analysis? Make sure to leave your thoughts in the comments below. If you enjoyed this content then please leave a like! It takes time to make these things you know. #thedailyinvestor
NASDAQ:METALong
by thedailyinvestor
2
SOFI weekly bullish butterfly Kinda a classic pattern! I'm researching for personal lending platform stocks recently, as UPST is no doubt the rising star last year, SOFI still has something that's worth looking at. Also, the concept of Social Finance will still catch many crypto investors' eye to see how it happens in 2022, SOFI's crypto business is also part of the reason that I'm interesting in it. In short, as it enters the entry point of this butterfly, I would like to look for some long opportunities here. Let's see how it goes yo!
NASDAQ:SOFI
by Trader_Joe_Lee
1
$SOFI is oversold 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75. Our Entry: $10.25 Take Profit: $12 Stop Loss: $9.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
3