SOFI I closed my 9/20 calls for a 115% profit during the morning run-up.The stock was rejected from the $8 resistance area and closed below the 200DMA and VWAP. It is currently supported by the POC area of the volume profile.
RSI exited overbought territory. As long as it holds above the POC and reclaims the 200DMA, it can consolidate here before making the next leg up.
Watch $7.25 area for a pivot.đź‘€
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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.