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Master_of_Fine_Charts

SOFI Pullback

Short
SoFi Technologies, Inc. (NASDAQ:SOFI)  
Master_of_Fine_Charts Updated   
NASDAQ:SOFI   SoFi Technologies, Inc.
Trend Analysis Technical Indicators
6
5
trendanalysis indicator
After nearly doubling in a month the RSI is well in to overbought territory and the most recent candle created an oversized upper wick which indicates bears tool control.

Looking for a move down on lower daily volume. Targeting the $6.70 level for a buying opportunity.

1st target $6.60

2nd target $9.53
Comment:
SOFI appears stronger than I anticipated with the most recent candles showing strength by opening higher on the 13th and also closing well above the long upper wick (6/9). In addition the 6/13 candle closed just under the 3.61 Fib after making a dragonfly doji with higher than average volume.

Short term target $10.4 before pulling back.
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