Technical Confluences: - Price action has bounced off a 78% Fibo retracement - Below the 78% Fibo retracement is also been a Demand Zone which breaking it would like lead to a new all time low - For price action to move up higher, it needs to break above the Interest Zone (@ 61% Fibo) and also the resistance trendline - Upon breaking that, it's next resistance...
NASDAQ:SOFI Strong Short Here 🐻 $6.05 & $5.48 Gap Fill 🎯 X: @TheRonnieVShow ✅Descending Triangle breakdown and retest ✅9 EMA bounce ✅MACD downtrend & continuation under zero line ✅Volume Gap/ Price Gap down to $6.05 ✅Low sentiment NOT FINANCIAL ADVICE 🖖
There has been a lot of recent hype surrounding SOFI, but I have been patiently waiting for a buy opportunity at the yellow support line. This week NASDAQ:SOFI had a strong rejection at the white resistance zone between $8.41 and $8.95. My key buy target has always been this yellow trendline, I think it will take some patience to get there though. The estimated...
SoFi Technologies (SOFI) A great example of how Fibonacci Extension levels align with support & resistance levels. Confirmations for new entry: - Break above OBV resistance line - Retest of 200 day SMA or break & retest of 1.00 fib ext at $8.70. If already in the trade, congratulations. We are above the 200 SMA and it is upward sloping. It would be nice...
Not sure what this company does. Candle pattern may form into something great, preempting that. RSI crazy, 50% allocation for this trade. Tight stops.
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 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
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...
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 $9 FOR NOW so it’s long in my opinion
NASDAQ:SOFI Hi Guys Sofi, Growth company. Punished for having a bear market in the last few days. Found a Support level, a Nice green candle in a down market. Away from all the MA, CCI starting to move Overall nice Reversal. Entry 4.6 TP 5.1~5.3 SL 4.3~4.2 Lol Long time since I didn't go a long
I am looking for SOFI to start off the week a little higher and then fall to the mid 6's. Either the end of the week or in early june I am expecting a run to anywhere from 8-10$ tops (depending on the structure of the b wave). And then it will make its final descent back down towards the ATL's. I go more in depth in the videos on my channel.
If we consider the previews falling wedges and the rise that followed them, i would expect that the price target for SOFI of Citigroup to be the next major jump after the all time low bounce. Looking forward to read your opinion about it.