SOFI saw a 28% pullback since peaking at $11.70 after earnings.The current support of $8.35 needs to hold, or else we could see a further breakdown.
The worst case is a pullback to $6.45.
Watch the following support areas for support and reversal:
$8.35
$8.00
$7.24
$6.63
$6.45
I will update the chart once I see a potential reversal.
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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.
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.