SamSuka
The Long Investor
The Long Investor

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$SOFI

It's getting very tight in this wedge now and $SOFI has been able to hold above the $6.40 level so far this week as it attempts to breakout out of this wedge at $6.60.

The 50 Day MA is just slightly above too, so there is resistance here but if the price can break above these levels, the bulls are showing their strength.

Have members been adding to their position here?

The risk v reward does favour the reward side here, as it does with $PYPL and $AFRM right now too.

But, we can not rule out that the price can not break down on all three charts.

$SOFI

Comments

Been caught out many times with SOFI, will do my best to sit on my hands until a proper green light. Volatile stock which I have made some short term gains on in the past, but never had the courage to hold longer term because I got the entries wrong. #TLI-Lessons

G4Golf

can buy some for rebound

Jedi

Want to add it but not sure about it's growth and fundamentals as compared to Hood/Pltr...

Rick


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