SOFI Bullish

Assuming the tech selloff is over for now Sofi appears to be in a good spot to benefit from a possible "Santa Claus Rally"

Price bounced off the $14, which has been significant support in the past and is now testing the weekly (up) trend line. Also the MACD is beginning to curl up, as is the Accum/Dist line.

D+ is moving up and D- is moving down signaling a possible trend reversal.

Short term target $16.51 and then up the fibonacci scale. Eventually this will return to previous highs and I feel it will be a strong stock to hold for the next several years.

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Technical IndicatorsTrend Analysis

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