Scared? Become a Buyer

1 077
Hello I am the Cafe Trader.

With heightened interest in SOFI, I am seeing many worried posts, and skepticism. Before taking profits early, consider these levels fist.

Years Old Supply.
This Supply zone (marked in the red box) has been sitting here for years. It is no suprise that we get a dynamic reaction at this level.

Welcome to the Range
Now that you know there is a seller sitting there, If this doesn't jump back up and close above 24.71 by friday, expect to be sitting in a range for months.

Bulls are in Control
Even with that massive reacion, All previous bulls are still in tact and ready to accumulate more. Top of demand will fae the most pressure, but there are alot of buyers at that strong demand level. Be patient, and you can get great pricing.

Long Term
For those looking to get into SOFI, I have some prices that should line up with your personal sentiment.

FOMO Aggressive = $21.67 ( i dont recommend)
Aggressive = 20.40
Good price = 17.50 - 17.75
STEAL - 7.50-9.50

That's all for SOFI. Comment below if you want to see any other analysis!

Happy Trading
thecafetrader
Note
That bounce off of the Top of demand was textbook. Sellers are still active in the supply zone. We know where the two big players are in the market, now we are trying to discern who has more Gusto.

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