SamSuka
The Long Investor
The Long Investor

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$SOFI

I really like the $SOFI set up here

We already have a test of the 0.38 Fib at $13.73 so we don't necessarily need to see another test here but a second test and holding would be a clear buy signal

50 WMA is about to cross through the 200 WMA this week for a golden cross, which is a bullish indication.

Cup formation completes at $25 but as we know from many charts lately, above the Cup and Handle top level could offer a very strong bullish move and in this case would mean a move up to $45.

$SOFI

Comments

Cap, can you explain why the previous chart had the .382 fib at 12.97?

Jesse Gaffey

Welcome. I think so. And Cap thinks so too! Best time to buy in general is start of W3 or W5. We right at that point. But please split up your buys, that way you can average in if it drops further... but you have to go through the collections folder. Learning centre esp the post on position sizing. https://x.com/TheLongInvest/status/1889650106942583000?t=K2S1n0GMTPR36q8A7KDF3Q&s=19

Dipen Patel

I'm new here just joined 40mins ago. Does this mean Sofi is a buy at $13.xx

TRob430

Also I know not literally but noto recent contingent sale with the lower and upper limit effectively set the bottom of this stock at 13 bc no way he did that if he thought the lower limit would get triggered

Jeffrey Santoro

LFG!! I always thought a big bank would buy Sofi cuz they execute at such a consistent level and demonstrate consistent growth. Figured it'd be a good play for a Goldman or a chase to squash them via buying them, capitalize on obtaining the younger demographic, and the tech via Galileo

Jeffrey Santoro

Yip. They've been executing to perfection. If they get there, they 100% deserve it. Especially the upper limit because that will mean that Galileo is firing they've nabbed a legacy bank as a client and they've put to bed the whole $sofi is a bank nonsense. I love this stock. (Almost as much as $nio. 🤪)

Dipen Patel

Performance Stock Units Performance stock units require certain targets to be met in addition to still being employed by SoFi. There was a large amount of PSUs granted to both the executive team and general employees at the time of the reverse merger in 2021. Here is the part that investors should love. The target for SoFi's PSUs are tied to its publicly traded stock price. The PSUs are broken up into three equal buckets that are only awarded if the stock price exceeds a volume-weighted 90 day trading average of $25, $35, and $45 on or before Jun 1, 2026.

Jay

What is so interesting about these amounts is Noto and his crew have some serious coin coming in 2026 if they hit these targets.

Jay


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