$SoFi Technologies Inc.(SOFI)$ $SOFI's price at $7.52 coincides with its 200-day moving average, which is also a key breakout point. The yellow line on the chart aligns with the $7.52 breakout level, and the MACD turning green signals a positive uptrend. From a technical standpoint, this sets up as a strong short-term trade opportunity.
However, I'm holding SOFI for the long term and selling call/put options to capture implied volatility as it arises. Follow me for more insights on how I support my life as a full-time dad and part-time contractor.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
This is the worst performing stock of this year. Sell it and buy stocks which can pay you.
This is the worst stock ever! but a good company.