$SoFi Technologies Inc.(SOFI)$ ππποΈ
$SOFI continue to hold as long as the price holds the Pink support line charted. We should see a reversal higher into the 2nd week of January 2025 ποΈπ.
@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion @TigerPM @TigerGPT
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.
The recent movement of SoFi Technologies Inc. (SOFI) can be attributed to the following news and factors:
Qualcomm Win: Qualcomm's victory against Arm in a chips trial has positively impacted the overall market sentiment, including the technology sector where SoFi Technologies operates. This news could have potentially contributed to the upward movement in SOFI's stock price.
Revenue Growth and Margins: SoFi Technologies has experienced remarkable revenue growth and expanding margins. These positive financial indicators have likely attracted investors and contributed to the stock's upward trend.
Market Trends and Opportunities: There are ongoing discussions and analysis of market trends, opportunities, and technical signs that could potentially impact stocks like SOFI. It is important to stay informed and analyze these market dynamics to make informed trading decisions.
Stock Capital Flow: The capital flow data for SoFi Technologies indicates a net inflow of $11.3 million, with big inflows from various investor categories. This capital flow can influence the stock price as investors buy and sell shares.
Considering the above factors, it is important to closely monitor the market sentiments, quarterly earnings reports, and any significant news related to SoFi Technologies. This will help assess whether the stock's positive momentum will continue into the second week of January 2025 as predicted.
Risk Disclaimer: Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is essential to conduct thorough research and consider your risk tolerance before making any investment decisions.
Nice
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?