SoFi Technologies (SOFI) setting up with a triple bottom, and some nice consolidation over the past couple of weeks that could see a break back towards the $20 mark to try and confirm the aforementioned pattern.
Financials, the sector that SOFI is in, is outperforming SPY over the last 60 days by 9.3%, and the industry is essentially in line with the market, short-term. So it has the wind at its back, and could lift SOFI in sympathy, even though the stock itself really hasn’t done much since April.
Comments
Log in or sign up to join the conversation.