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SoFi Technologies, Inc.SoFi Technologies, Inc.SoFi Technologies, Inc.

SoFi Technologies, Inc.

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SOFI trade ideas

The Great Post-Covid Comeback Continued: SOFIBuilding on my series about stocks making some fairly epic comebacks off their lows, I now want to talk about SoFi, which I know many follow. SoFi, was at one point down 85% from its highs and was in the dumps. It was considered a failing bank. However, it would appear that as I've been writing, emerging from the great Covid post-crash are companies that have stuck to it, worked their tails off, and stuck to the core business. Once a pandemic-era darling, SoFi’s stock price crashed by a staggering 85% from its highs. The descent was brutal, a reflection of both overzealous initial valuations and the challenging macroeconomic environment that followed. But here’s the kicker: from its lowest point, SoFi has rallied an incredible 334%. Yes, that’s right, a more-than-threefold increase from its lows. What I find compelling about SoFi is that its recovery reflects a broader trend. Like other pandemic high-flyers, SoFi has had to adapt to the realities of post-pandemic growth. It’s not just about bouncing back; it’s about proving resilience and relevance in a vastly different economic climate. I am following these moves closely and have many more to post about. Stay tuned! Also, if you have any stocks that are making comebacks like this, let me know. I have already mentioned PLTR, APP, TWLO, CVNA, DASH, and more. But, much more is on the way.
NASDAQ:SOFI
by scheplick
1
SoFi Technologies (SOFI): Bearish Breakdown and Updated TargetsSoFi Technologies (SOFI) has shown clear signs of weakness after breaking below a head and shoulders pattern on its chart. While some speculate on a lofty $75.00 target, the technicals tell a different story. 🔍 Current Price and Technical Outlook: SOFI is currently trading at $14.15. The head and shoulders breakdown suggests further downside potential, with bearish momentum dominating. 🎯 Updated Bearish Price Targets: 1. First Target : $12.68 2. Second Target : $11.49 3. Third Target : $9.20 🚨 Stay Informed : It's important to focus on realistic targets rather than hype. The technicals are pointing towards potential downside, so managing risk and setting clear exit points is crucial for traders and investors alike. 💬 Do you agree with these targets, or do you see a different trend forming? Let’s discuss in the comments!
NASDAQ:SOFI
by CryptocurrencyWatchGroup
4
Potential Swing Trade on SoFiHello Traders, If you're a swing trader, SoFi could be a longterm hold. I would like to see a little bit of a retest back to the failed swing line, or back to the 4HR CHOCH pattern that was created before pushing back up. I'm also noticing price did gap around 15.00/15.50 on the Daily, so that could be a key area to take the long. The weekly also looks good as it's making its way to close above 7 weeks of candles. My profit targets would be 18.50 and potentially 20.00. I've said it before- A lot of patience is required for this pair, but it does pay! *DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
NASDAQ:SOFILong
by thattradergirl
Key spot on the board for SOFI On the MonthlyNever financial advice. Just offering perspective. At a key spot for Sofi. In the midst of a monthly bearish imbalance, specifically a bearish fair value gap which holds more weight than a volume imbalance. We pushed off a bullish breaker which can be a solid indicator as a push up, with the the high of that green box acting as a support, followed by a strong bullish move. 16.47-17.13 is where the monthly bearish fvg begins and ends. A monthly close(13days) above 17.13 would be encouraging for bulls, with no bearish imbalances on this higher timeframe. If we cannot get a monthly candle close above 17.13 we can see a strong rejection, setting a new bullish range from most recent low to high, which we can then see a move back into discount. My ideal bearish outlook: Monthly bearish imbalance reject, which is currently at 50% bearish discount, to retest bullish breaker + bullish fvg + monthly liquidity sitting at the low of previous month10.63. Targeting ----> 8.53- 10.63. Ideal bullish outlook(continuation): Monthly bearish imbalance mitigated here with a monthly candle close above here. Next points of liquidity ---24.65---24.95 as targets. Ideal bullish outlook(entry or reentry): Entering ----> 8.53- 10.63. Be aware that this analysis is on a higher timeframe of a Monthly perspective and may take time to develop.
NASDAQ:SOFI
by bwinvests
Sofi approaches buy zoneSofi had a nice pullback as we expected. Note the firing off BBWP. This will reset volatility and momentum. I would love to see this stock hit the golden pocket like my other option selling stocks. I would also like to see stochastic RSI hit below 10-15. My plan: Short-term bearish to 13ish Sofi I like to simply buy LEAP calls and slowly sell and march them up. Currently I like Jan 2026/2027 20$ calls since it reduces my capital exposure but offers levered exposure. I have made a lot buying LEAPs on Sofi all last year. 13$ is my buy zone.
NASDAQ:SOFIShort
by Apollo_21mil
Take Advantage of SOFI's Bullish Trend with Targeted TradesRecent Performance: SoFi Technologies Inc. (SOFI) has recently demonstrated strong bullish momentum, benefiting from the overall rally in the technology sector. The stock has exhibited notable volatility but has closed positively, indicating a buoyancy in investor interest. This surge aligns SOFI with other tech giants like Palantir and Tesla, both of which have shown significant upward pressure. - Key Insights: Investors should stay vigilant regarding critical resistance and support levels. SOFI's current resistance is at $16.10, and a breakout above this could pave the way towards a higher target at $16.60. Conversely, monitoring the support level around $15.00 is essential; should SOFI remain above this level, it may maintain its bullish trend despite broader market fluctuations. - Expert Analysis: The sentiment among industry experts leans positively towards SOFI, especially if it manages to break through the $16.10 resistance. Some concerns arise from the recent insider selling activity; a director sold 24 million shares, which, while potentially indicative of confidence issues, has been partially offset by the positive trends in the tech sector. Overall, the bullish nature of the market combined with SOFI's fundamentals suggests a optimistic outlook. - Price Targets: Targets for the upcoming week are as follows: - Next week targets: T1 = $16.60, T2 = $17.00 - Stop levels: S1 = $15.75, S2 = $15.00 - News Impact: The trading atmosphere for SOFI is influenced by recent high interest in technology stocks. While the insider selling of shares may slightly dampen enthusiasm, the overall recovery of the tech sector provides a backdrop for potential upward movement. Noteworthy market trends and recovery patterns among peers further enhance the possibility of positive price actions for SOFI. Investors should keep a close watch on SOFI's interaction with these key price levels and broader market cues to strategically position themselves for potential gains.
NASDAQ:SOFILong
by CrowdWisdomTrading
Bullish Momentum Ahead for SOFI: Targeting $17 Next WeekRecent Performance: SOFI Technologies Inc. has shown a remarkable upward trend, closing the week at around $16.40. The stock reached multi-year highs, peaking at $16.61 during intraday trading. With SOFI trading above its moving averages, this suggests strong bullish momentum that may attract additional buyers. - Key Insights: Analysts suggest that SOFI is on the brink of reaching the $17 mark soon, possibly by Monday. The company's recent strong performances outshine many tech stocks, signaling a favorable environment that may support further price appreciation. Investors should keep an eye on the identified support level at $16, which may help mitigate risks during times of volatility. - Expert Analysis: Market sentiment around SOFI has shifted positively. Financial analysts express a bullish perspective on the stock, connecting its potential rise to broader trends in the fintech sector. The overall favorable market conditions for technology stocks also contribute to the optimism surrounding SOFI. - Sentiment Analysis: - Current sentiment: 82.5 - Last week: 28.33 - Change: 54.17 - Total mentions: 3 - Price Targets: Based on professional traders' insights: - Next week targets: T1 = 17.00, T2 = 17.50 - Stop levels: S1 = 15.80, S2 = 15.50 - News Impact: SOFI has recently gained attention for achieving significant milestones, including its two-year high. The ongoing innovations and strategic initiatives within the fintech landscape underscore the company’s growth potential. As technology stocks continue to attract investor interest, SOFI remains a key player to watch moving forward.
NASDAQ:SOFILong
by CrowdWisdomTrading