$SOFI
Added 2024-04-29 09:57:23 +0000 UTCEarnings out today before the market opens and it is a good opportunity to view the long term chart again.
Price is testing the 200 Day MA from below in the PM now so this has not broken out of this bullish flag yet, or above the 200 Day or the blue line which has been a strong resistance line for the last 12 months at $8.20.
A flip of this level to support and $SOFI could be back on track
$PYPL is in the same situation but looking more bullish leading into its earnings tomorrow morning.
When the US 10 YR rejects then I believe these stocks could finally get their run but a good earnings today could start a slow move up......it goes without saying that any surprises will not have a positive effect.
Comments
Yep rejected trying to get out of the flag
Gareth Neary
2024-04-29 13:59:43 +0000 UTCThis is another stock that is frustrating to hold. Seems like it’s headed down to bear case.
G
2024-04-29 13:38:09 +0000 UTC
