SamSuka
The Long Investor
The Long Investor

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$SOFI

The chart speaks for itself here

We know the significance of the blue line at $8.23.....the insiders of $SOFI know the significance of this line as they have been buying under this line for the last 2 years.

But the price is still struggling here and cleanly rejected at this level to start the month

$AFRM is pulling back too whereas $PYPL is showing relative strength

$SOFI has also dropped back into the wedge again and lost its 200 Day MA following this blue line rejection.

We could be looking at some consolidating sideways above the red line until the next earnings date at the end of October.

$SOFI

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