SOFI trade ideas
$Sofi #Sofi potential stab victimGet ready to catch the knife, start buying, and buy more as it goes lower, it will not be staying down for long IMO, below visible range VPOC, hitting the bottom of the bollinger bands, large sell volume recently, seems to be losing steam from the recent unlock that allowed early investors a chance to take their profit, and probably shook out some weak hands along the way, seems like a great time to start accumulating IMO, but this is not financial advice. Financial advisors follow Elon Musk tweets.
$SOFI Strong Bounce Incoming!? VIDEO BREAKDOWN$SOFI is looking good for a bounce off $18 - VIDEO BREAKDOWN
SOFI - Going Long SOFI had a share Lockup period expire on Monday, which had been sending shares lower (in the premarket especially) recently, creating a $1 gap in the chart (from ~$19.80 - 20.80). I am expecting this gap to be filled in the coming weeks, as the lockup period ending can now give way for the positive catalyst of a Pending Bank Charter Approval Decision, which is expected in November. Also hearing whispers that this just got picked up by the Reddit community.
For a lower risk trade idea, Try Selling an August 17.50 / 15 Credit Put Spread. As of yesterday's close, that trade would earn $.98 per spread sold, and provides you a ~14% buffer to your breakeven point, with a max loss of $1.52 per share.
Sofi getting ready to move up past $25I believe a cup and handle is being played out. Sofi needs to stay above $17.89, then it can break past $25. IMO
SOFI Harmonics: Long-Haul Easy TradeHere's an easy trade. I've found that the retracement has completed at the extension end of a small bullish crab pattern. Price should now make a run at completing this butterfly pattern. Good luck, trade safely, and let's make some easy trade money.
Sofi - Buy the dipSofi has recently seen a selloff due to pipe being unlocked and being able to sell. We had 2 very high volume days, and today Sofi hit a low of 17.6 but rebounded to 19.4. It also held the 17.5-18 support area, giving it a bullish close. This stock should go back up to 24 within a month.
SOFI - Amazing play at these levelsHello everyone,
Last time I have reviewed SOFI, the stock was sitting at 23$ and it was a great buy on those levels.
At just bellow 20$, this stock is truly a Steal! It has broke through and completed a Head and Shoulers pattern and is not at the support of a huge triangle.
There is also a gap to 21$, which we would want to close on first and then head to 25$.
Sofi has amazing fundamentals as a company and may as well be considered long-term play from here.
I wish you all good luck!
$SOFI - cup & handle watch - $18 or $34Cup & Handle broke down. It can still correct/turn bullish if it doesn't break below 18.
Validation point - $24.50
Good case - $34
Bad case - $18
Worst case - $16
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
SOFI- Next 6 month predictionPlay the Elliott waves/ volatility swings until the major breakout at the end of Jan. 2022. (just in time for the Super Bowl!) ;)
SOFI Getting close to a buy zone for me . stops around 16. if it fails at 16 can got to 14 and 12 would prob look to try again around 12 depending on the chart then.
SOFICup and handle on daily chart? Volume trend confirms it but TA works until it doesn’t so we will see probably by next week if it breaks to the upside to test and possibly make a new ATH.
Sofi charting.New stock barely over half a year old since its IPO date back in nov. not easy to chart. these price targets i have are highly optimistic even for myself I have high doubts these targets will hit but hey i guess im that crazy but lets see.
1st pt 28
2nd 40
3rd 55.
lol like i said very optimistic. my first pt is a bit more realistic but lets see this crazy market has been crazy all year round since covid wouldnt hurt for me to get a little crazy either.
SOFI Retracement on the short term, Bullish on the long termRetracement on the short term, SPY looking weak and due for a correction due, Finra investor margin debt is on at ATH relative to GDP (source: www.finra.org). Still have a bullish pre-disposition with $SOFI, playing the market highly defensive - will be doing partial to full hedging on portfolio these next 60 days. Tread carefully guys and good luck!
SOFI - This Is The BeginningHello everyone,
I hope you are doing fantastic.
We went through the SPAC merger with amazing volume and great price movement.
I would say that this is one of the best value plays at the moment and we got a rather cheap valuation of around 2.3B Market Cap for the stock, which gives us plenty of growth potential.
The company may very well be one of WSB's mentioned stock, so this may further drive the price up.
Also, it does have the potential to get on the ARK portfolio in the future, which would further increase the price.
The minimum price target on the stock is $50 in my opinion and I would say we should be there until the end of the year.
I see this as a pure long-term play and the price we are getting at is more than amazing.
I wish you good luck and stay green!
SOFI On A Severe Market Pullback Buy This NameNot Advice and do not short it - This new fintech co. has one of the best CEO on the planet - Do your own DD and watch the RSI for a low/buy signal.
