$SOFI
Added 2023-12-14 07:33:56 +0000 UTC$SOFI and $PYPL have finally joined the party, they needed the conditions to be right and yesterday presented a number of a positive catalyst that allowed them to break above very important resistance levels..
$SOFI has struggled with our blue resistance line at $8.24 since August.
I am looking at this bounce now since our Wave 2 level as Subwave 1 of Wave 3 now, once it can hold above the blue line at $8.24, when Subwave 1 tops out, we can set the potential Subwave 2 levels.....but as we have seen a lot lately, wave 1's are running like crazy.
The perfect scenario here would be a retest of the blue line and holds, this would be a buy signal to catch the best of Wave 3 up to $19.
Comments
Any news ?
M
2023-12-24 20:37:43 +0000 UTCany new guidance on this?
Yoboshi
2023-12-22 19:12:57 +0000 UTCHow we looking now that it broke the blue line?
Jay
2023-12-20 05:00:12 +0000 UTCNo, it doesn't mean that. but they mostly say that Sofi has a strong annual resistance at $13.6 and bounces back to $10. How do you think the expiry will behave on $19?
Ilia$
2023-12-14 19:11:37 +0000 UTCHey! how this goes with your QQQ prediction? A-B-C correction (wave2), at ~march we should start to see a correction move
Daniel
2023-12-14 12:37:44 +0000 UTCOk lets look at this: Where is Wave 2 and where is Wave 3?....what are the Fib levels
Gareth Neary
2023-12-14 10:25:51 +0000 UTCMost people talk about $13.6/$14, which is supposed to be a strong resistance and will then retreat again. How do you get Wave 3 $19.77?
Ilia$
2023-12-14 09:09:25 +0000 UTC
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