SOFI: What it takes to REVERSE? Key Points to watch next week!
• SOFI is trying to react, after doing a new all-time low;
• The key point is $4.82, as this price did work as a support level multiple times this year, and it seems it is working as a resistance on SOFI this week;
• SOFI must break the $4.82 as soon as possible, as if it takes too long, it might lose momentum and seek new historical lows;
• By breaking $4.82, the next target will be the retracements, as seen in the chart above. The 61.8% seems to be more important, as we see some struggle around this area on Nov 17 - 18;
• Either way, we must patiently wait for more signs on SOFI, but these are the key points to watch next week. I’ll keep you updated.
Remember to follow me to keep in touch with my daily analyses!
• The key point is $4.82, as this price did work as a support level multiple times this year, and it seems it is working as a resistance on SOFI this week;
• SOFI must break the $4.82 as soon as possible, as if it takes too long, it might lose momentum and seek new historical lows;
• By breaking $4.82, the next target will be the retracements, as seen in the chart above. The 61.8% seems to be more important, as we see some struggle around this area on Nov 17 - 18;
• Either way, we must patiently wait for more signs on SOFI, but these are the key points to watch next week. I’ll keep you updated.
Remember to follow me to keep in touch with my daily analyses!
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