SOFI LONG: SYMMETRICAL TRAINGLE BREAKOUT! 80% MOVE INBOUND!

SOFI LONG: SYMMETRICAL TRAINGLE BREAKOUT! 80% MOVE INBOUND!

Everything is FINALLY looking on track for stock! See analysis below and my Symmetrical Triangle Breakout trade details at the bottom of the post! Not Financial Advice.

STOCHASTIC UPTREND

MACD UPTREND & BREAKOUT OVER ZERO LINE

RSI UPTREND

STOCK PRICE UPTREND

SYMMETRICAL TRIANGLE BREAKOUT

- MEASURED TRIANGLE: 727 BARS
- BREAKOUT MOVE 727 BARS HIGHER
(86.87%) $15.63

- TAKE PROFITS: TOP OF THE TRIANGLE
(39.78%) $11.70

- STOP-LOSS BELOW MA's AND VOLUME SHELF
2.5 RISK TO REWARD (15.89%) $7.04

Trade active

BANG! We are crushing this trade and already up massively in just 2 trading days!

Moving up my stock loss to my entry price of $8.37 this trade cannot lose money now!

Smash the like button and follow for more!

Note

Another huge day today thwarted a little bit by the market pull back but I still believe we are going to all time highs on $QQQ!

Moving up my stop loss to $9.30 which locks in 10% in profits if triggered.

Smash the like button and follow here and on other socials for more!

Note

Same as yesterday just being patient and letting things playout!

Note

Just a little pull back/ creating support/ taking a breather before we go higher! $9.30 SL still intact!

Note

Just keep going Higher! This name is a freight train! Next stop $11.70.

RonnieV29

🖐️ High Five Strategies
📈 Stocks, Cryptos, ETFs, Levered ETFs
📱 Find me on other Socials
🌆 High Five Community 👇

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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.

RonnieV29

🖐️ High Five Strategies
📈 Stocks, Cryptos, ETFs, Levered ETFs
📱 Find me on other Socials
🌆 High Five Community 👇

whop.com/highfive-pro/

Also on: