$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.
Partheev
2023-12-26 13:55:49 +0000 UTCTomer Altman
2023-12-26 13:54:37 +0000 UTC