$SOFI - Can we see a turn?

149
Technically, if we close above $5.5 things can change. Need follow through above $5.50 for at least 3 days to say May 10 low of $4.82 was the bottom. On the bearish side view, if $4.82 is taken out, we can see $3.59. Why? coz it the year long side way channel break down target.

By some miracle, if the price break above $6.30, there is a chance that we could see $8.

The stock is trading below book value with growing members and increasing revenue.


Disclaimer: not an investment advice.

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.