Possible Breakout

Oct 9

Falling wedge in progress. Breakout to $10.10 might be in play. Need more volume to come in to make this happen.

Oct 24

Trade active

$10.10 has become support and now $13.56 is in play. Earnings in 8 days and a positive report might push it to hit $13.56.

Oct 29

Trade active

Also be aware that a deeper cut to $8.50-$9 is very possible. There's some hunting below the $10.10 support, plan your stop loss and avoid being hunted.

Oct 30

Trade active

Yesterday it went low as $9.77 , but buyers came in to support $10.10 (.236 fib). IMO a healthy move would be to be in this $10.50-$12 range for a few weeks before it attempts to break $13.56. Slow an steady will create healthy supports and low-term investors will have more confidence in starting a position.

Oct 30

Trade active

IMO the name next resistance is $11.75. After that $13.00 will be the hardest resistance to break. The longer it takes to build and break, the better.

Oct 31

Trade active

Impressive that SOFI is holding strong through all this blood on the streets.

Nov 11

Note

Looking good, needs to break $13.56 and make that the new support.

Nov 22

Note

Looking good. Looks like $16 is next.