Price is again testing the 200 Day MA from below in the PM, which is also aligning with the green support/resistance line, a flip of this level back to support at $11.65 and $SOFI is showing strong signs of a reversal.
We did add on this pull back at $13 which was slightly early but I am not concerned about that when I believe $SOFI can reach $25 in 12 months.
We don't want to time the bottom, we want to manage our average.
$SOFI and $PYPL are my two finance stocks I like, I added to $PYPL at the end of last week and will happily add to $SOFI again when support is confirmed back above the 200 Day MA.
Tom E.
2025-04-14 14:09:51 +0000 UTCCollin
2025-04-14 11:43:04 +0000 UTCTommyJR
2025-04-14 11:41:43 +0000 UTC