Get started

Sofi

SOFI - Daily Chart - Levels of Support and Resistance NASDAQ:SOFI 2 Levels of support; solid white and dotted white lines. The dotted line is allowing lower lows The solid line is allowing higher lows Look for the upper/solid support line to be respected in order to continue setting higher lows and continue an overall bullish uptrend If the lower/dotted line is broken with confirmation, the bears will have control. _______________________________________________________ 2 Levels of resistance; solid yellow and dotted yellow lines. The solid line is a much stronger resistance The dotted line could be flipping to support if buying pressure can overtake the sellers in the selling pressure zone. Look for the upper/solid support line to be broken in order to start a new upward resistance trend in order to set higher highs. 5 daily candles have used this line as support, 6 have used is a resistance. Note the large gap in price around earnings in August. This in my opinion was a market overreaction in which the lower support was respected perfectly. Refer to 2nd chart for EMA clouds and how they interact with these zones/levels
NASDAQ:SOFI
by OccamsPhazer
SOFI EMA Clouds, Support, ResistanceNASDAQ:SOFI Big takeaway: EMA cloud flips in accumulation zone/selling pressure zone. Look at the blue circles, these would have been excellent entry point for a long position. 2 Levels of support; solid white and dotted white lines. The dotted line is allowing lower lows The solid line is allowing higher lows Look for the upper/solid support line to be respected in order to continue setting higher lows and continue an overall bullish uptrend If the lower/dotted line is broken with confirmation, the bears will have control. _______________________________________________________ 2 Levels of resistance; solid yellow and dotted yellow lines. The solid line is a much stronger resistance The dotted line could be flipping to support if buying pressure can overtake the sellers in the selling pressure zone. Look for the upper/solid support line to be broken in order to start a new upward resistance trend in order to set higher highs. 5 daily candles have used this line as support, 6 have used is a resistance. Note the large gap in price around earnings in August. This in my opinion was a market overreaction in which the lower support was respected perfectly.
NASDAQ:SOFILong
by OccamsPhazer
SOFI - EPS Squeeze DeliversWe are done for now, although once the Charter arrives, this will head higher. With a broader correction looming, we've closed a very small position for $3.11 x 1.5 Good Luck to HODLers. _______________________________________________ SOFI has the most intrusive Date Agg of any online Bank. IRS compatriot. SOF will quickly become anther "Protected Entity" The control they exhibited over some test accounts we put up was disturbing, so much so we closed all of them.
NASDAQ:SOFI
by HK_L61
Closing (IRA): SOFI November 19th 17.5 Covered Calls... for a 16.92/contract debit. Comments: There's still about .50 of extrinsic in the short calls here, but earnings are in 22 days, and I'm taking the money and running here. My cost basis in the shares covered by the short calls is 14.74 (See Post Below), so closing out here results in a realized gain of 16.92 - 14.76 = 2.16 ($216)/contract. This is about "neatening up" and/or simplifying my portfolio a bit more than anything else.
NASDAQ:SOFI
by NaughtyPines
SOFI boxes strategy in action! feat. volume profileHi everyone! Today we are analyzing NASDAQ:SOFI price movement. As always, I am using my boxes strategy based on supply and demand. BUT In addition, I used volume profile for detailed context here. A few words on volume profile: It puts trade volume on vertical axes. So instead of volume per point in time metric, we observe volume per point in price . This way we can see at which price point the highest amount of volume had occured. Let's implement it on our NASDAQ:SOFI chart. Since February 2021 the highest volume has occured in 15.1 - 15.8 price range. Red horizontal line at 15.45 is called Point of Control (POC). It is a highest volume node that has seen the most volume. Thus, that is a significant level of support/resistence. Believe it or not, but I drew trendlines, boxes and indicated levels first. Only then I added Volume Profile starting from February, and its POC at 15.5 matched one of my box levels. What does it tell us? Two indicators confirm that 15.5 is a significant level. We are at 19.3 now in a downward long-term trend near its top. Plan: Look for a return to 15.5 zone in order to start a position. Probably better to open a position earlier at 16 to front-run algos. If decent volume at 18 level occurs and it holds, start a position there. Please let me know if this was helpful and if you want to see more analysis with volume profile. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:SOFI
by AyBe_Invest
2