
@ICMakesTrades
YouTube
Avg. Quality
74
Success Rate
38.46
Analysis
65
Correct
25
Fail
24
Pending
15
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct

SOFI
Long Entry
22.0950
2025-08-09
03:45 UTC
Target
28.2600
In 1 Months
Fail
19.7300
Risk/Reward
1 : 3
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Final PnL
27.90%
P/L: —
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The analysis focuses on SOFI, currently at $22.10, and identifies a descending resistance break with $20.73 acting as a strong support. The stock has been trading between $20.73 and $22.42. The analysis points out a breakout from a long cup and handle pattern on the weekly timeframe. Buyers are targeting an initial price of $25. Should the stock break above $25, the analysis predicts a run towards all-time highs around $28.26. However, failure to hold $20.73 could lead to a test of lower support levels around $19.70, which would invalidate the predicted bullish market trend. A short-term neutral stance is suggested while the price stays within $22.42 and $20.73, with a potential pullback to $18.70.