DoujinStars
The Long Investor
The Long Investor

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$SOFI - WATCHLIST -

Nice price action forming under the 0.38 Fib at $13 now and we can see it is an ascending triangle formation which is typically a bullish indication, so we are watching for a break above this level next and this should clear the price action to move up to the 50 Day MA at $14.60 next.

Above both of these MA's and I believe the trend is clear to the upside and $18 should be tested next.

I have a position, I like the set up and I see a return to $25.

$SOFI - WATCHLIST -

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