$SOFI
Added 2024-07-25 19:02:12 +0000 UTCI think $SOFI has performed ok this week, no large movements down, just moving in a controlled manner down to its white fib support levels and still above its 50 Day MA, this is good to see.
$SOFI may have the same issue as $PLTR, I can only see one wave down so far, so a relief bounce may come next, followed by another test of the 0.5 Fib or the 0.618 Fib, which would be standard.
If $SOFI can continue to show this stable movement, it can weather this potential storm.
Losing the fib support levels would not be a good sign and the red line would be tested again.
Comments
Earnings soon
Brian
2024-07-25 19:55:59 +0000 UTC
