SOFI looks like has been basing around $5.30ish area with decreasing volume. This support area is also 100% fib extension.
The stochastic is showing oversold area.
If $5.30 ish support area holds and we head back to upper resistance area of $7.70ish. 💥🚀💰
If the support breaks down, the next support is $2.24. That would less than half the book value and I don't believe we will get there unless Russia launch a nuke!
Target - $.7.70
Disclaimer: Not investment advice.
If you like this post, follow me and subscribe to my posts for more technical analysis charts (FREE).
The stochastic is showing oversold area.
If $5.30 ish support area holds and we head back to upper resistance area of $7.70ish. 💥🚀💰
If the support breaks down, the next support is $2.24. That would less than half the book value and I don't believe we will get there unless Russia launch a nuke!
Target - $.7.70
Disclaimer: Not investment advice.
If you like this post, follow me and subscribe to my posts for more technical analysis charts (FREE).
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.