SOFI bounced from $6.20, which is the lower trendline of the descending wedge and a Fibonacci extension area.The $6.70 to $7.64 area is going to be a hard resistance. If we can break above that VWAP, we could see it launch to the $9.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.