SOFI Earnings Bounce And Chop

SoFi Technologies shares are facing a post-earnings sell-off but have found support at a critical rising trend line.

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Source: DepositPhotos

SoFi Technologies (SOFI) post-earnings is seeing a huge sell-off, but while it has managed to bounce off the rising trend line, it still remains stuck in the lower end of a sideways trading range. Inside that range, I expect the stock to be extremely choppy and non-directional.

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