SOFI is showing signs of a bottoming process as the Anchored VWAP from the June 12, 2023 pivot continue to show support. The volume shelf continues to act as strong support at the $15.00 range and a break below this can show new lows. The RSI and William %R are beginning to turn up showing that the uptrend should begin shortly. Targeting new highs into the second half of 2026.
Trade active
Breaking through the wedge now should see a big push up towards $20 now that a clean break through the DTL has happened
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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.