$SOFI
Added 2023-11-21 18:22:24 +0000 UTCI think it is clear now which trend this is in.
The downward channel has not looked bullish since it got rejected at the blue line 3 times before November and I warned of the significance of the large white oval area.....that this was an ABC correction and it is followed by 5 waves down next.
The price action has not been able to hold the 0.618 Fib at $6.83 which would have been a great level for the bulls to hold and try and force a Wave 2 count but the trend was against them.
There is an opportunity here soon for the $SOFI fans to get cheap stock and I assume this was a long term hold for them either way.
Comments
Also bought more today before it turned green
Frederik Dalgaard
2023-11-22 08:08:40 +0000 UTC5.54$ average cost! I need more!!!
makis
2023-11-21 19:32:25 +0000 UTCI think that's fair....I do not think the share price will stay down for too long.
Gareth Neary
2023-11-21 18:37:14 +0000 UTCLast hurrah for the bears before the company reports GAAP profitability next quarter? It appears that way.
Blake O
2023-11-21 18:24:07 +0000 UTC
