$SoFi Technologies Inc.(SOFI)$ did not have a good ER; rather, it was outstanding in virtually all metrics, including a triple beat (revenues, EPS, guidance), new members of over 700k and new products of 1M, both all time records.
SoFi rallied to $7.88 HOD, only to drop to $6.68 (LOD) and close up only 7 cents @ $6.94, a disappointing reaction to the ER. The candle is a big upper wick that represents price rejection this time while it can lead to a test of the top of the wick, 7.88, in uptrends.
At least $6.94 isn't as close to the 6.05 gap than 1 session ago. Under $7 seems like a bargain if LT investor, as do the 1/26 calls with strikes @ 4, 7, and 10, at lower prices coinciding with stock @ $6.88, 6 1/2 and @ 6.05, imho.
Noto reiterated net profits for Q4, a major milestone to come.
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