The video analyzes the stock SOFI following a 5% pre-market gap down, closing at $27.78 due to a $1.5 billion stock offering. The analyst believes this drop is due to short-term dilution fears and not bad fundamentals. The analysis points to the weekly chart still in a good position and peaking above previous chop, with $30 acting as resistance. A multi-year cup and handle pattern is mentioned. On the daily timeframe, $23.76 has acted as support for a double bottom. The prediction is that a 4-5% gain should happen to reclaim the $28.60-$30 level but warns of volatile weeks as the market saw some selling pressure and indecision. The next SPY levels is a high of $689.70 but notes the market began to pull back, ending indecisively with slight selling pressure, and also indicates a level of around $684 to provide support.