$SOFI
Added 2023-11-09 15:31:26 +0000 UTCTough few days for $SOFI and after the rejection at our blue line, followed by a rejection at the 50 Day MA, it was hard to see this moving in any other direction....bulls needed to step in and they haven't, while $SQ and $PYPL have started their move up.
$SOFI is still up considerably YTD from $4.26 to $6.91.....but it is looking like the run up to the end of July was an ABC move and now it is in 5 waves down.....which I have warned about.
Members who like $SOFI should be licking their lips at the thoughts of being able to buy this at a much lower price now.
The price is still staying in the channel, so let's see how it moves as it approaches the bottom yellow trend line.
Comments
Same here! When do we expect the bounce?
Be Blessed Enterprise
2023-11-10 03:07:34 +0000 UTCCEO also bought 44k shares on the same day. I think that A.Noto has more than $20mil of his $ in the company. Cost basis about $5-$5.5
Steve Suric
2023-11-09 21:08:58 +0000 UTCDespite the insiders selling CFO bought 15k shares today on open market.
Steve Suric
2023-11-09 21:02:14 +0000 UTCStill in the wedge and potential double bottom building on daily.
Steve Suric
2023-11-09 21:00:57 +0000 UTC
