$SOFI - What's next target?NASDAQ:SOFI You might be wondering what my next target is. If this megaphone pattern plays out, I expect the stock to hit $23 next.
See supports, resistance and targets levels in the chart.
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
SOFI trade ideas
Sofi Tries to Stand Its GroundSofi Technologies fell after reporting earnings on Monday, but it may be trying to hold its ground.
The first pattern on today’s chart is the sharp rally between October and late November. The lender has spent two months consolidating the move, which may create potential for further upside.
Second, SOFI fell on Monday after guidance was lighter than expected. However it’s stabilized since the drop. Does the three-day rule apply?
Third, the stock is trying to stand its ground at its rising 50-day simple moving average. That may confirm its intermediate trend is still pointing higher.
Next, you have the series of lower highs between mid-December and early January. Prices are additionally trying to hold above that falling trendline.
SOFI also has average option volume of about 340,000 contracts per day in the last month, according to TradeStation data. It’s the 15th busiest underlier in the entire market, rivaling prominent stocks like Meta Platforms NASDAQ:META and Super Micro Computer NASDAQ:SMCI . That could make it noteworthy for customers of TradeStation, which just became the first broker to launch options trading on TradingView.
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SOFI Sofi technologies inc 24hr potterboxesSOFI Technologies inc . The stock is going higher as you can see in the chart. The option play could be June 20th 25 dollar calls for about $1.15 to $ 2.00 no more. That's what I would probably do . maybe a stop at $14.00 this stock has broken thru the roof and is going higher. Happy trading. just for educational purpose only. think about this. would you buy a gallon of milk with a short expiration or a long one 30 plus day. That's how I pick my winners.
Super performance candidate NASDAQ:SOFI has shown strong quarterly earning's growth, with its latest earnings quarter reporting 30% YoY, improving from losses to profits at an impressive rate
Being positioned as a Leader in the FinTech sector and significant institutional adoption, reflecting investor appetite and confidence
Aiding with a key Breakout day,
I have reasons to believe this security price could increase.
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.
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.
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.*
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 : $9.20
🚨 Stay Informed :
It's important to focus on realistic targets rather than hype. The technicals are pointing towards potential downside, so managing risk and setting clear exit points is crucial for traders and investors alike.
💬 Do you agree with these targets, or do you see a different trend forming? Let’s discuss in the comments!
Sofi approaches buy zoneSofi had a nice pullback as we expected. Note the firing off BBWP. This will reset volatility and momentum. I would love to see this stock hit the golden pocket like my other option selling stocks. I would also like to see stochastic RSI hit below 10-15.
My plan: Short-term bearish to 13ish
Sofi I like to simply buy LEAP calls and slowly sell and march them up. Currently I like Jan 2026/2027 20$ 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.
Sofi massive up and handle and targetSofi is prepping for a massive cup and handle projection. I expect this thing to correct for two more weeks alongside most markets. I believe SPX will correct another 3-4% into Jan 13th. I will be adding to my LEAP setups as we approach 13-14$. My target for this cup and handle projection is 24$, this may take some time. If the market remains macro bullish in 2025, this is likely before the end of May.
are you in sofi train or just enjoyinSOfi is one of the wall street and twitter fav but since past 2-3 years it is dominated by sellers. Now if you look at the chart black lines indicates vwap from sellers. currently at 16 every seller is in loss. Now today it has a breakout on volume. This past 2-3 month is month of SPAC. SOfi can still reach to its all time high to 28.