$SOFI
Added 2023-06-29 08:24:59 +0000 UTC$SOFI has pulled back after that parabolic move up and is so far holding the blue line which was the previous high, all is still to play for here, if it can hold above this blue line, it can continue its impulse wave higher.....if this is lost, we will see 5 waves down and possibly come as low as the 50 and 200 Day MA's down in the 6's.
Long term I think this company is a great prospect but we want controlled structure here now, these parabolic moves make investors uneasy.
Comments
Are you seeing a way there can be 5 valid waves within subwave III here? That parabolic move looks like a single wave that would make a subwave 1 that's longer than any subwave 3 would be?
Jesse Gaffey
2023-06-29 09:00:34 +0000 UTC
