$SOFI
Added 2024-07-30 12:09:38 +0000 UTC$SOFI has just released their report and it is a double beat and I am not seeing much concerns with it. Particularly impressed with how fast they are growing their members over the last 2 years too.
PM movement is not showing much love just yet and this is likely due to the 200 Day MA resistance level at $7.60.
Price needs to get above this level or we get another retest of the 0.5 Fib at $7.10, which would give this Wave 2 pull back a clear 3 waves....which is not clear right now, in its current set up, which is why I am showing Wave 2 where it is now, not complete.
However if the price jumps above the 200 Day MA and the blue line at $8.20, Wave 2 is complete and we have some nice room to move higher in this impulse wave.
