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Sofi

$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: $9.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
3
Sofi about to pop?$sofi #sofi High volume rejection at highest VPVR level and now stuck in channel. Currently pressing the top and 34EMA. H8 close above would open up a 13% move to resistance. Close above $15 and a lot of open air. Very possible to get rejected again though so be patient. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
NASDAQ:SOFI
by DaCryptologist
Reversal Imminent? NASDAQ:SOFI Been speculating that we are past the bottom of this current downtrend. Upcoming earnings/guidance coupled with being granted a bank charter may be catalyst enough to complete a reverse head and shoulders pattern and make its way back to the mid $14s for the completion. Volume declines have been consistent with the classic pattern and will be looking for an uptick in buying pressure soon to see this through. This would also indicate to me a potential reversal. This may present good buying opportunities in the mid $14s. Not advice, this is my own speculation
NASDAQ:SOFILong
by Diegolas_
SOFI: Many GOOD chart patterns around SUPPORT level.Hello traders and investors! Let’s see how SOFI is doing today! We’ll do a complete Multiple Time Frame Analysis (MTFA) and analyze the H, D and W charts. First, we see that SOFI is doing what seems to be an Ascending Triangle chart pattern in the 1h chart. It is reacting near its support level, which is expected, and in theory, it is heading to the resistance at $ 13.41. As someone who’s out, I see SOFI as a possible buy opportunity, as the Risk/Reward ratio makes much more sense for long trades than short trades. The time to short was at $ 24, when it did a Double Top pattern in the daily chart, now it makes sense to buy. Speaking of daily chart: I see an inclined Inverted H&S chart pattern, which is a bullish reversal structure. If SOFI triggers upwards its Ascending Triangle in the hourly chart, we’ll probably see a confirmation of a breakout of this IH&S in the daily chart. This dual-pattern confirmation is quite interesting to see. What’s more, this reaction couldn’t come in better time, as seen in the weekly chart: In January, we just retested its support near the IPO price level, around the $ 11, and SOFI is trying to stabilize now. The volume is increasing, another good indicator, and if it confirms the patterns we discussed before, it could seek the next resistance at its 21 ema, or even the $ 16 again. This is why I’m telling you, the Risk/Reward ratio is attractive, however, we must wait for better signs around. If you are already in, you must keep these points in mind, especially the support at $ 11, which SOFI must not lose at all cost. I hope I helped you here, and I’ll keep you guys updated on this, so, remember to follow me to not miss any of my future analyses.
NASDAQ:SOFI
by Nathan_The_Finance_Hydra
2
SOFI Superbowl LVI hosted on the SoFi Stadium Two weeks ago you had the chance to buy SOFI at the SPAC price of Dec 2020. What a round trip it made! On Sunday, Superbowl LVI is hosted on the SoFi Stadium. It looks futuristic and will drive a lot of attention to its sponsor, SoFi, the online personal finance company that paid about $625 million for a 20-year naming rights deal. My short term price target is the $14.15 resistance, but it can easily go to $17, which is the Bank of America`s price target for SoFi. Looking forward to read your opinion about it.
NASDAQ:SOFILong
by TopgOptions
9
$MQ swing trade*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: Marqeta $MQ has developed a card issuing platform that provides clients such as Coinbase, Doordash, and Square with the infrastructure and tools necessary to offer payment options without the involvement of a traditional bank. $MQ generates the majority of its revenue through transaction fees for cards issued on its platform. My team took advantage of todays dip and purchased $MQ shares at $14.25 per share. Our first take profit is $17.50. FIRST ENTRY: $14.25 TAKE PROFIT 1: $17.50 TAKE PROFIT 2: $19.50 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MQLong
by SimplyShowMeTheMoney
6
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
$SOFI Key Levels, Analysis & Targets. - REQUEST$SOFI Key Levels, Analysis & Targets. - REQUEST By request for @StockTri SOFI is definitely in a downtrend still… If you’re already long then I would only add at the green support levels and maybe at the blue trendline… BUT If it breaks below those levels I would wait until the macD breaks above the centerline again before doing anything else… since there’s just about no support under there… If you can train yourself to always think in terms of support and resistance levels you will do well. I hope this is helpful. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time) Have fun, y’all!! (\_/) ( •_•) / >🚀
NASDAQ:SOFI
by SPYder_QQQueen_Trading
5
Bank charter approved, go long $SOFISOFI has been successful in achieving a bank charter through the acquisition of California-based community lender Golden Pacific Bancorp. It has been consolidating on the weekly chart for almost a whole year now. With the MACD curling up & histogram turning white heading towards green while the RSI is heading to test 50, I really like this set-up. Some say it is priced in already. I highly doubt that. This stock could easily hit a $25 billion market cap (roughly the market cap of HBAN, which I say would be a reasonable comparison/achievable target since HBAN is a plain vanilla regional bank) with the combination of having a super app with the backbone of a bank charter. If it were to hit that market cap, SOFI would be trading at roughly $30.98. More than a double from here. It seems to be the perfect time to go long. The combination of student loan management, IPO access, banking, crypto, stock trading, etc all in one app gives it a significant edge. If it can catch some momentum and pass $50, then it could be headed much higher. An extremely bullish case would be SOFI reaching PYPL like numbers. SOFI's total assets increased from Sept 21 to Dec 21, while PYPL's decreased. On the day Dec 31st, 2021, PYPL had roughly 8.22x the assets of SOFI. Just throwing out a rough number, with net interest margins being added into the revenue basket for SOFI because of the bank charter and the potential to continue to increase its AUM and total assets then you could throw out a share price of $112.70 ($13.71 * 8.22). Volume has been steadily increasing indicating increased interest and coverage. Oops. EBITDA somehow was from UCTT on the initial post and Tradingview won't let me edit it, no worries. Here is the chart with SOFI's EBITDA has shown some recent upward momentum. This is just a theory, not financial advice, please do your own DD.
NASDAQ:SOFILong
by EBITDAtiger
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