Nathan_Black

SOFI: What it takes to REVERSE? Key Points to watch next week!

NASDAQ:SOFI   SoFi Technologies, Inc.
• SOFI is trying to react, after doing a new all-time low;
• The key point is $4.82, as this price did work as a support level multiple times this year, and it seems it is working as a resistance on SOFI this week;
• SOFI must break the $4.82 as soon as possible, as if it takes too long, it might lose momentum and seek new historical lows;
• By breaking $4.82, the next target will be the retracements, as seen in the chart above. The 61.8% seems to be more important, as we see some struggle around this area on Nov 17 - 18;
• Either way, we must patiently wait for more signs on SOFI, but these are the key points to watch next week. I’ll keep you updated.

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