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.
G4Golf
2024-06-29 08:41:26 +0000 UTCJedi
2024-06-29 01:18:56 +0000 UTCRick
2024-06-28 19:29:37 +0000 UTC