@ICMakesTrades

YouTube

Avg. Quality

75

Success Rate

44.19

Analysis

129
Correct
57
Fail
50
Pending
22
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
QQQ
Long Entry 609.7600 2025-11-08 08:04 UTC
Target 637.0100 Fail 592.0000 In 1 Weeks
Risk/Reward 1 : 2
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Final PnL
-2.91%
P/L:
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QQQ
Fail
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis begins on the weekly chart for SOFI, noting investors' concerns about borrowing costs and decreased market liquidity impacting the recent market decline. A 'cup and handle' pattern is observed over two and a half years with a neckline breakout leading to $30. The stock is now showing selling pressure after consolidation within a pennant. Switching to the daily chart the pennant is still visible with a move to $32.57. A large bearish candle indicates selling pressure now being felt but the stock is bouncing at $26. The analyst reviews QQQ and IWM on the 1H interval for signs of support, then states while the low-cap stocks are feeling pressure the longer-term technical picture remains bullish if SOFI holds above $25. Regaining $30 support on volume would indicate a test back to the $32.57 level.
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