$SOFI
Added 2024-06-24 19:39:50 +0000 UTC+3.5% Jump today as the bulls and bears fight it out on the red line, which was a support line from Nov '23.
We can see that the apex of the tightening wedge aligns perfecting with the expected earnings day at the end of July.
Bulls may feel that under $6.40 this is a bargain and are buying regardless of what happens.
I would prefer to wait and see how this drift down behaves, as we are still a long time away from the earnings release.
Holders however should consider a DCA strategy at this point.
