SamSuka
The Long Investor
The Long Investor

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$SOFI

$SOFI's impressive bounce on the 0.618 Fib has done a number of things:

- It has allowed me to bring our Wave 3 target forward a few months

- I have provisionally removed the corrective waves down as the 0.618 Fib for Wave 2 held and did its job.

I think the last big hurdle for $SOFI will be making a new higher high at $11.70, breaking above this level and holding and Wave 3 is confirmed for me and its Target is at $18.57

The previous high at $11.70 looks remarkably like an ABC correction so in order to rule out a double top happening here, we need to see a break out above.....if it rejects at this level, there may be some pain ahead.....but for now, let's see if the Bulls can do their job.

$SOFI

Comments

Wait for 11.70 flipping to support and holding

Partheev

Do you think it’s a good entry point now? Or should I wait for a pull back after the last run?

Tomer Altman


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