Possible Breakout

Güncellendi
Falling wedge in progress. Breakout to $10.10 might be in play. Need more volume to come in to make this happen.
İşlem aktif
$10.10 has become support and now $13.56 is in play. Earnings in 8 days and a positive report might push it to hit $13.56.
İşlem aktif
Also be aware that a deeper cut to $8.50-$9 is very possible. There's some hunting below the $10.10 support, plan your stop loss and avoid being hunted.
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Yesterday it went low as $9.77 , but buyers came in to support $10.10 (.236 fib). IMO a healthy move would be to be in this $10.50-$12 range for a few weeks before it attempts to break $13.56. Slow an steady will create healthy supports and low-term investors will have more confidence in starting a position.
İşlem aktif
IMO the name next resistance is $11.75. After that $13.00 will be the hardest resistance to break. The longer it takes to build and break, the better.
İşlem aktif
Impressive that SOFI is holding strong through all this blood on the streets.
Not
Looking good, needs to break $13.56 and make that the new support.
Not
Looking good. Looks like $16 is next.
breakoutsFalling WedgefibonnacciSupport and ResistanceTrend LinesWedge

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