SOFI trade ideas
SOFI UP UPSofi has nice consolidation under important level of 10$
Good opportunity to go long with this setup.
2 possible trades in next weeks.
Volatility fully down, that indicate of possible up move.
Buy zone located straight where is volume profile(point of control)
Not financial advise, use SL.
SOFI TA $SOFI from a pure Technical analysis appears to be in a bullish rectangle and the outlook is currently uncertain on which direction it could go. 9.81 is a major resistance point however, in the event it breaks out and goes toward 10 it'll challenge an old support now resistance level at 10 even. For the passed few weeks it has repeated the pattern of rising on open then dropping throughout the week so I'll be watching closely to monitor overall movement.
BNPL for 90%SOFI could be benefited for all the world caos, the BNPL model let the people a chance to buy thing now, an express credit when there is a liquidity crisis, improved performance, technically you can find different patterns that let you know how big this upside could be, we are oversold, we are pre IPO
SoFi - SOFI - the real reason some want The Dip to Keep DippingSoFi is pressing down to being worth $0 (as crazy as that seems). So the lower the price goes, the more potential for a high percentage recovery along with the rest of the market. If price goes below $4 or $2, Many investors who see things the same way may jump in based on the recovery play. There are no guarantees in life. SOFI could go to $0. But what if it does not?
SOFI weekly bullish butterfly Kinda a classic pattern!
I'm researching for personal lending platform stocks recently,
as UPST is no doubt the rising star last year, SOFI still has something that's worth looking at.
Also, the concept of Social Finance will still catch many crypto investors' eye to see how it happens in 2022,
SOFI's crypto business is also part of the reason that I'm interesting in it.
In short, as it enters the entry point of this butterfly, I would like to look for some long opportunities here.
Let's see how it goes yo!
$SOFI - May have found the bottom!SOFI has been in a down trend inside descending wedge channel and may have found a bottom. The RSI has left the oversold territory and a stochastic bullish cross just happened. Moreover, the MACD lines are also about to do a bullish crossover. If the price crosses above $10.12, the pattern breakout is confirmed and the price can head towards the recent high of $13.03.
Target 1 - $10.89
Target 2 - $13.29
Target 3 - $15
Stop loss - below $7
Risk - Price break down below $7.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
SOFI Bounce?Looks like wave C of this downtrend could be a double three. If that is the case it should bounce next week if the overall market is decent. Looking for 10-11$ short term. If it ends up being a triple three which is very likely considering I think the overall market (see SPY chart) might bounce early next week and then is extremely bearish, SOFI will go lower than the ATL it set this week. Looking for a bounce this week though.
$SOFI is oversold 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75.
Our Entry: $10.25
Take Profit: $12
Stop Loss: $9.75
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SoFI close to the SPAC priceSoFi gained approval and started SoFi Bank operations after the end of 2021.
With the Super Bowl played at SoFi Stadium they gained a lot of brand awareness.
In the chart we can se a massive bullish divergence.
My short term price target is the $14.15 resistance.
Bank of America targets $17 for SOFI shares.
Looking forward to read your opinion about it.
Earning swing momentum play on SOFIToday's trading idea is focusing on SOFI - Sofi Technologies
The stock is gapping up to $12.70 (pre-market) after earnings, the company said they expect adjusted revenue to grow 55% until the end of 2022.
The idea is to go Long when the $13.6 resistance will become support. (What we call Kiss and Go)
SOFI enteredI have went long on SOFI going into earnings...It has hit my target buy zone and according to some info appears to be going to beat on earnings tomorrow...I have taken the APR22 $15 long call position looking for a 1st price target of $13ish area with a 2nd price target of the $15ish area...Happy Trading!!!!!!!