Looking to see something like this play out for NASDAQ:SOFI to complete a 5 wave structure.
Not sure what this company does. Candle pattern may form into something great, preempting that. RSI crazy, 50% allocation for this trade. Tight stops.
NASDAQ:SOFI We all knew it has to consolidate somewhere. My preference is above $9.70 consolidation. If you look at volume profile ,you can see we put in a huge base $8 and below. Current price area has low volume resistance meaning the price is easier to move either direction. Why did we stop at $10.23? Look at volume profile bar, its higher than the...
The Inverse Head and Shoulders pattern is a classic technical analysis pattern that signals a reversal in trend from bearish to bullish. It is the exact opposite of the Head and Shoulders pattern which indicates a bearish trend reversal. Here's a detailed description of the Inverse Head and Shoulders pattern with key indicators: 1. Formation : This pattern is...
SOFI on the 2H chart is showing a massive bullish move of 30% in ten days. Most of the trading volume was near to the present price and indicated by the POC line on the volume profile. Price has not moved since most of the trades as there is now a consolidation phase more or less in the style of the high tight bull flag pattern. The three pat indicator of RSI,...
NASDAQ:SOFI hit $6 target today. Starting to break out of the descending wedge. Still expecting previously mentioned targets - $6, $6.50, $7.50, $8.0. Down side risk is now $5.50 - $5.
RDFN jumped with a 30% + pop from very favorable earnings with a volume spike Can it hold the price in the sessions of next week or will in bounce down from the supply /resistance zone charted by the LuxAlgo indicator. What are the probabilities? Long or short? What do you think? Is this a drop about to drop or can the momentum catch a breath and run hard again?
sofi is buy in 2-3 month ahead , it’s making a diametric pattern in couple of weeks but after this correction it can be moved to high level or new high level
SOFI is currently trading and forming a Bullish Head and Shoulders at a shared confluence zone between the log scale 1.618 and the linear scale 1.272 Fibonacci Extensions which in both cases would be the PCZ of a Bullish Butterfly; While it is possible that it could go deeper into the linear 1.414 Extension I do believe that the action we're seeing from the price...
Sofi down big after reporting earnings and in my opinion this is a buying opportunity with big guidance in the future
NASDAQ:SOFI #SOFI $6.00 has been acting like Kryptonight. Stock has been bouncing around a few cent within narrow range. Bollinger band is narrowing. The MACD about to cross zero line. It will have to decide soon. 👀
In my opinion, SoFi's current position in the fintech industry is strikingly similar to how Amazon benefited during the dot-com crash. As the banking sector faces a crisis, I believe SoFi is poised to capitalize on the situation, much like Amazon did when numerous internet startups went under, leading to an influx of consumers flocking to Amazon.com. As...
Sofi should bounce here if the FOMC meeting goes well for the market tomorrow. Hopefully we get a dovish .25 rate hike. Big caveat there as "HOPE" is not why we buy a stock. If Sofi falls below the trading range then sub 5 is in play, on the flip side if Sofi breaks 6 then the breakout continues.
If you wanted to build a profitable bank, how would you do it? The founders of SoFi (NASDAQ:SOFI) certainly had the right idea. Instead of lending to businesses (which tend to chase after the lowest-possible interest rates), why not loan cash to rich kids instead? Or at least the kids you think will become rich in the future. It’s a business that has worked....
As we prepare for tomorrow's earnings release for SoFi, it's time to take a look at their past performance. SoFi has made significant strides in the fintech industry, but will these efforts be reflected in their earnings and push their stock above $6.00, reaching the daily zone and testing the 200 EMA? Or will SoFi remain a $5.00 stock?
SOFI's support and resistance is being tested, going to breakthrough. New resistance zone around $6.20 - $6.40 mark.
after a big terminal as wave c , we are in diametric pattern now , it’s ready to make wave F and then G , SO TARGET IS $9 FOR NOW so it’s long in my opinion
Breaking out of pattern. Look at the last daily bar spiking up before FED announcement. Banks are all shouting recession coming... I think we break out hard on the massice put/call option spread that is currently exisiting. Long a small position to bank on this move.