@ICMakesTrades
YouTube
Avg. Quality
74
Success Rate
40.22
Analysis
92
Correct
37
Fail
40
Pending
15
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SOFI
Long Entry
28.4950
2025-11-27
03:16 UTC
Target
32.7300
Fail
23.5200
Risk/Reward
1 : 1
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The analysis focuses on SOFI's recent bounce and its attempt to hold the $28.60 level. On the weekly chart, indecision is noted around the $32 level. A long-term cup and handle pattern is identified, suggesting continued upward movement following a breakout. Resistance was noted at $23.76. The hourly chart shows strong bounce price action after hitting the $23.76 level, which previously acted as resistance. After surpassing $25, a retest turned it into support. The stock aims to hold above $28.60 and target $30. The 28.64 level may act as a reliable support for the continued leg-up.