$SOFI
Added 2024-01-16 23:48:32 +0000 UTC$SOFI lost its blue line support and the bulls battle hard to stay above this level, surving 3 tests of this level too but eventually lost the support line and the then the 0.618 Fib today.
Down to test the next Fib level at 0.78 now at $7.28 is likely.
$PYPL and $SQ struggled today too with the US 10 Year jumping 3%.....this was always going to be a volatile week for the finance sector with all of the largest banks in the US reporting their earnings and giving mixed guidance too.
All is not lost here with $SOFI, finding support on the 0.78 or the yellow trend line can salvage this impulse count....but it must be said that weakness is now showing.
