@ICMakesTrades
YouTube
Avg. Quality
74
Success Rate
39.05
Analysis
105
Correct
41
Fail
42
Pending
22
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
SOFI
Long Entry
29.5150
2025-12-03
05:31 UTC
Target
32.7300
Fail
27.7300
In 5 Days
Risk/Reward
1 : 2
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Final PnL
-6.05%
P/L: —
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The video analyzes SOFI, highlighting a continuous challenge at the $30 mark, suggesting a retest and claim of $30 is expected. The analysis considers the possibility of sellers stepping in, testing support zones. It identifies a multi-year cup and handle pattern with a breakout from a low around $8, reaching $32.73, indicating a bullish long-term outlook. The price action in the last couple months showing it has been difficult to claim and hold the $30 level. A strong close and building a base on $30 could catalyze retesting all-time highs. The analysis points out that SPY closed red with some indecision, while SOFI closed green. The hourly chart displays a stronger beginning of the day, initially getting over $30. Overall the video maintains an optimistic view of SOFI, anticipating retests of highs in the short-term.