$SOFI - bottom?NASDAQ:SOFI Sofi has either bottomed or is close to the bottom. I don't see it going below $7. It could touch that triangle bottom trendline, providing strong support. My near-term target is $9.50. I will post long-term targets again in the future.Longby PaperBozz6
SOFI ANALYSIS PUMP'N'DUMP ???i was gonna call this tank but was like meh Dont worry the effects of the recession are just kicking in (me who doesnt live in the USA speaking casually "dont worry its just recession things lol" (i know there is a ripple worldwide so shush)) that said the wen bottom prophet has come to speculate firstly yes there is going to be a dip in all sectors so its natural second like comment follow if you want to know which sectors\industries/stocks will boom in this recession and ask for stick recommendations the reds are my buys i think the second red not that im buying this i buy 300%'er stocks baby yeah (not being arrogant) by Bekiumuzi_DubeUpdated 227
LONG SOFI when it hits $7.22There are a few factors that make this a good entry: 1. it is the 61.8 of the move from $4.45 > $11.67 2. it is also where the lower trendline intersects this point 3. RSI is oversold What do you think?Longby novamatic229
Doubling down on SOFISofi has revisited a prior area of long term resistance. Will this hold for support? This heavily manipulated and shorted stock has been a real roller coaster. I still hold a large spot position and doubled down on 10$ strikes for June on this dip today. I expect profitability to throw the market for a loop and a short-squeeze on earnings. My price target is still 11.2$. A shorter-term area of interest would be the Daily .5 fib of 8.6$.Longby Apollo_21mil1
SOFI SOFI looks like it will shoot up higher next week from the support of a double bottom in the day chart. looks like it wants to bridge the gap next week. Before the day chart there is week chart. The last two candles on the week are both red, but they do not pass each other in high and low witch give mega support to a huge green candle that is expected to come. Also with banks reporting tomarrow, it also supports the chart here. Unless sofi has some a debt issue i am not aware of. This chart is based off of classical, historical method.Longby Sammy2u_221
SoFi Cup and Handle formation with price target $13.60-14 Similar target with November Bull Flag Earnings 1/29/24 projecting profitability Current position: SoFi 3/15/24 $10 C (Cost $1.26) BTO 12/21/23 SoFi ~$9.60 TP Stop SoFi ~$13.60 (Credit $3.6) Longby Revin3d4040
long sofithe price action has had some recovery in the mid 6s, as insiders have reluctantly sold of shares more than buying shares. confidence has been renewed for many investors once Noto bought shares recently at the mid6s. observing the weekly daily and four hour charts there can be a potential reversal underway and can be an intriguing point for Long entry if thy is bullish on the stock. low volume compared to previous months and weeks as the price as been in a downtrend, this month has been positive for many stocks but mainly subpar to neutral for SOFI its about time that this can break the 7.50-8.50 price and continue to the uptrend if you are long term then this does not matter but loading up shares in the low 6s might have been the optimal choice not only has sofi has had positive earnings beat the market has been holding the price up in the low 6s for the last couple months and in my opinion has a 10-30% upside!!Longby nickso833Updated 6
Sofi bullish diamond formation. SOFLYSofi formed a nice bullish diamond pattern nicely visible on 30min, which should play out next week. Market might be a little tired after a little selloff. Buy the dippers might step in and Sofi could be on the receiving end. The end of the pattern might play out at the gap fill at roughly 9.50. Good luck.Longby thereisonlyonewarazygmunt3
Sofi small bullish within bigger bearish megaphone patternPrice expected to break to the upside as high as 8.75 within small bullish megaphone pattern. After it might head back down as per the larger bearish megaphone patter. 15 minute frame.by thereisonlyonewarazygmuntUpdated 0
Sofi a weekly viewHere is a weekly view of the SOFI chart I have been using all last year. This heavily manipulated and shorted stock is extremely hard to trade short-term (unless youre an insider of course). The teal arrow points to the most important trend line imo as the megaphone seems to not like to hold these days. I have the historical price levels as my next price target marked ( 11.14$). I think the market will be very surprised when the shorts get squeezes on profitable earnings.Longby Apollo_21mil2
Navigating the SoFi Plunge In the dynamic landscape of the stock market, SoFi Technologies ( NASDAQ:SOFI ) has emerged as a compelling player, capturing the attention of investors with its upward momentum and positive long-term prospects. As we delve into the intricacies of SOFI's recent performance and market indicators, a clearer picture of its potential unfolds. Price Momentum and Moving Averages: NASDAQ:SOFI is positioned in the middle of its 52-week range, showcasing a balanced evaluation by investors. Moreover, trading above its 200-day simple moving average emphasizes the stock's sustained positive momentum. This signifies that, despite the fluctuations, the stock has managed to stay above a key long-term trend line, reinforcing confidence among investors. While the stock is currently trading in the middle of its 52-week range, the upward momentum suggests that there may be room for further growth. Investors should remain vigilant, keeping an eye on potential overbought signals and market developments. As NASDAQ:SOFI continues to navigate the financial landscape, its positive trajectory indicates that the stock could be an attractive prospect for those seeking long-term gains. As always, prudent decision-making and staying informed are key components of any successful investment strategy in the ever-evolving world of finance.Longby DEXWireNews2
Sofi flipped bearish, short sellers take controlSofi has been a popular stock to short for the past year or so. I find it funny that insiders can publish negative news and also be in shorts on the stock as the same time which is clearly the case here. The stock fell back into the long-term megaphone and created a massive gap on the daily. Mixing this with the market uncertainty, sketchy bond price action, and a storm has been created. I am doubling down on my 10$ calls for June here on this discount.Longby Apollo_21mil2
Overview of $SoFi's Recent Performance SoFi Technologies ( NASDAQ:SOFI ) is displaying a promising upward trend in the medium to long term, reflecting positive developments and heightened investor interest. NASDAQ:SOFI is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. NASDAQ:SOFI has broken a resistance level and given a positive signal for the long-term trading range. The stock has support at dollar 8.10 and resistance at dollar 11.40. This indicates increasing optimism among investors and further price increase for SoFi Technologies. However, for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The RSI curve shows a rising trend, which supports the positive trend. The 200-day moving average is below the current price, indicating a long-term uptrend.Longby DEXWireNews115
Sofi to 11$Sofi does not have a ton of price structure until around 11$, the next target is 14ish around the almighty golden fib. Finally bulls have overtaken the bears, but the stock is still heavily shorted. We might see another bounce at 9.2 on top of the megaphone pattern I have tracked for months but I think the bullish trend remains.Longby Apollo_21mil5
Convergence on SofiSofi is taking another shot at this red resistance it has struggled with for weeks. The takeover of the EMAs was short-term bullish. This convergence of EMAs signals contraction to me, and you know how I feel about contraction. As the candles get smaller and RSI rises a big move is on the horizon. Sofi being GAAP profitable this coming quarter is not priced in, short-sellers account for over 15% of total floating shares. I am still net long, I have actually added 6 month out calls to my spot bags for a long-term lever on my shares. My 9-10$ target by end of year still stands, although I wouldnt put it past short-sellers to ruin the fun again.Longby Apollo_21milUpdated 7
Start addingPrice just dropped to a demand zone. You can start adding now and until the break out. It could take weeks or months but looks that just hit bottom and the risk reward is huge.Longby ArturoLUpdated 8815
$SOFII think there's a good chance that NASDAQ:SOFI 's is finally finished. The next few days it will be worth watching this stock. If SOFI manages to close above the downward channel this week and it doesn't get instantly sold on Monday I could see it have some explosive upside. Otherwise, we may be in for another test of the lows. I have a long position in the shares that I entered into in January and on which I have taken partial profits in June. At this point, I am not buying or selling, but depending on how the next few days play out I might either increase my position again, or close it out altogether.Longby matthiasUpdated 2213
SOFI may be breaking outIt broke the downtrend line and now has one more hurdle to clear.Longby MrMonsterLLC3
SOFI - little TAHey guys it’s Amir how are you? So let’s talk a bit about SOFI… We broke the channel and came back to retest and now got bounce up. Now we have two scenarios: 1. Price will go up complete the breakout (which I personally believe have more odds than the other scenario…) 2. The price will break down and go back to trade within the channel. The RMACD and STOCH gave us perfect sell off and still the price didn’t dropped but rose which means bulls momentum in control, For now I believe that there are more bullish than bearish my price prediction for the coming week or two is around $9 Watch for yourself and tell me what you think.Longby amirhemo0
Sofi trying to break outwe are right at the edge of a break in 2 ways one being the parallel channel the other is a resistance that is seen 2 other "the blue line" times pushing price down if we can confirm above this area on the daily our ultimate target the AUG highs of 11.70Longby cointrustmoon1Updated 227
SoFi Technologies $SOFI Trade IdeaI entered a trade on NASDAQ:SOFI as the price closed above the 50MA on Dec 1. We see that the price rallied since then and was facing a diagonal resistance level which we broke through today (provided that the price closes above it). The short term MA's are sloping up indicating a short term uptrend, while medium term MA is slowly moving in the same direction. Oscillators are looking ever extended in the short term singaling a potential pullback in price. The short term price target for me is around the $8.70 level, but medium term target is around the $10.15 level. Hope this was helpful for the readers, follow me for more trading ideas. Thank you, BK Longby Konstandinovic1
Sofi end of year price targetSofi has been in a large megphone channel for a long time. The stock has been heavily shorted leading into its prospective first quarter of profitability. Recently, Sofi has broken the red resistance downtrend on strong momentum. I have added in some late dated and medium dated calls to add some leverage to my large spot position. Those who interact with this post can get more details if interested. I drew a circle for my end of year price target assuming the markets behave. Tax harvesting should already be completed on this stock which is also heavily manipulated. I added ATR to give some context into how poor the volatility range has been lately. Volume is on an uptrend, I expect big things from Sofi next year and am positioned to capitalize on my call setup short and long term.Longby Apollo_21mil3
Sofi testing a breakoutSofi has remained in a megaphone pattern for a while with an additional downward trendline staying true. This test on the 4 hour is the first candle body above the line since the Megaphone started. RSI has been on a steady uptrend. Sofi is approaching its first quarter for a goal of profitability. The stock is heavily shorted. I recently entered a 6 month call setup to leverage my bags 10$ strikes as I have been very bullish on this stock despite the short-sellers. If we get a bounce here, I expect a solid 9$ sofi within 30-40 days or more.Longby Apollo_21mil2