$SoFi Technologies Inc.(SOFI)$
$SoFi Technologies Inc.(SOFI)$ Is it possible for SoFi to reach very low 6's, fill gap @ 6.05 & get to 5's and fill gap @ 5.50? Yes but it would take either a sharp mkt drop or bad news coming out on SoFi, imho. Thus I believe the worst is over or just about over for SoFi, and high 6's (i.e. 6.91 on Friday LoD) is the bottom or a retest of that, or mid 6's is likely the bottom. Doesn't mean the stock will immediately rally strongly but perhaps it can have a higher range quite soon. Because SoFi closed so close to 7.00, shorts & bears could very well drop it 20-50 cents at which time I expect strong buying to come in by Auntie Cathie's funds as well as other funds & indiv whales. And by those SoFi longs on Stocktwits & Twitter aka X. So either a bottom is in or will be established early this week, imho, not financial advice. :)
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