SOFI - Beautiful Daily chart here. Got some clear Bullish divergence on the MACD and the RSI at the bottom of the range and put in a couple higher lows. Above here, the target is 24$. You may have some profit takers at 19.82, and 21, but looking at historical price action correllation between the top and the bottom of the zone, its straight up, straight down, every time.
We are off the entry (13.94) but still an equitable 3:1 trade no matter which target you're looking for. I increased the stop for the larger targets to give some cushion, but i dont think its neccessary personally.
We are off the entry (13.94) but still an equitable 3:1 trade no matter which target you're looking for. I increased the stop for the larger targets to give some cushion, but i dont think its neccessary personally.