SOFI Breaks Through Resistance?SOFI's support and resistance is being tested, going to breakthrough. New resistance zone around $6.20 - $6.40 mark.
Sofi
Sofi Updateafter a big terminal as wave c , we are in diametric pattern now , it’s ready to make wave F and then G , SO TARGET IS $9 FOR NOW
so it’s long in my opinion
Breaking out of patternBreaking out of pattern. Look at the last daily bar spiking up before FED announcement. Banks are all shouting recession coming... I think we break out hard on the massice put/call option spread that is currently exisiting.
Long a small position to bank on this move.
SOFI: What it takes to REVERSE? Key Points to watch next week!• SOFI is trying to react, after doing a new all-time low;
• The key point is $4.82, as this price did work as a support level multiple times this year, and it seems it is working as a resistance on SOFI this week;
• SOFI must break the $4.82 as soon as possible, as if it takes too long, it might lose momentum and seek new historical lows;
• By breaking $4.82, the next target will be the retracements, as seen in the chart above. The 61.8% seems to be more important, as we see some struggle around this area on Nov 17 - 18;
• Either way, we must patiently wait for more signs on SOFI, but these are the key points to watch next week. I’ll keep you updated.
Remember to follow me to keep in touch with my daily analyses!
Sofi LongNASDAQ:SOFI
Hi Guys
Sofi, Growth company.
Punished for having a bear market in the last few days.
Found a Support level, a Nice green candle in a down market.
Away from all the MA, CCI starting to move
Overall nice Reversal.
Entry 4.6
TP 5.1~5.3
SL 4.3~4.2
Lol Long time since I didn't go a long
SOFI ReversalAs shown on the chart SOFI has been in a downtrend however
the fast 18 EMA and about to cross the 34 EMA, while
the MACD indicator is showing bullish divergence as is the RSI.
This appears to be a great reversal swing long trade.
SOFI: Target Hit + Top nailed! What's next?• Since our last analysis, SOFI corrected to our targets, being the first at $5.70, and the second at the 21 ema (link to my previous analysis below this post, as usual);
• Now SOFI is correcting along with the indices, therefore, this is a systemic correction;
• We see a bullish reaction at the 21 ema, however, it is too soon to tell if it is a meaningful bottom sign or not;
• Either way, if it loses today’s low, I see SOFI correcting more, probably below $5;
• It all depends on how it’ll react today. I'll keep you guys updated on this.
Remember to follow me to keep in touch with my analyses!
Looks like a NICE EASY short "PATIENCE"If it gets back around the 5.75 area it looks like the shorts can step back in.
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!
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.
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!
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ROBINHOOD (HOOD) LONG!!!!We are coming down into the 4th wave correction to our green region, which where we will then see a push-up to higher highs. Targeting near $13
$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)
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.
$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
SOFI- Weakest to strongest
How quickly market can change...this was one of the weakest names in last month's sell-off and got slaughtered, but now emerging as a leader among the growth names.
Claimed 11 EMA and daily mid BB ++
60VMA overhead will be key spot to watch around 8.3 if it can build below, first target will be 13.
not a position yet, but on watch for long target.
$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
$SOFi In ABC Pattern I am looking for SOFI to start off the week a little higher and then fall to the mid 6's. Either the end of the week or in early june I am expecting a run to anywhere from 8-10$ tops (depending on the structure of the b wave). And then it will make its final descent back down towards the ATL's. I go more in depth in the videos on my channel.
$SOFIGreat entry for shares long-term or call swings 2-6 Months+ out.
Expecting short term within 6-12 months this moves to $15/share.
Long term looking at $30-45/share.
$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
SOFI Falling Wedge Bullish PatternIf we consider the previews falling wedges and the rise that followed them, i would expect that the price target for SOFI of Citigroup to be the next major jump after the all time low bounce.
Looking forward to read your opinion about it.
$SoFi looking forward what you guys think of SoFiI am personally long the stock for a while and have an average price of 10.3$ A bit worried as it seems to be exactly on the resistance level. Of course the news that the student loans are not going to be paid certainly until August and probably for the entire 2022 is bad news that came from Biden's administration. Looking forward hearing what you guys think of the company and its share price.
SOFI - Bearflag nowFailed breakout turned to a bearflag with 9EMA losing near the wedge support...not looking good here...most likely a rollover candidate next week.
UNLESS it can claim EMA and reach 10.90
Lot of work needed from the bulls to inspire confidence.
