SoFi Technologies (SOFI): Bearish Breakdown and Updated Targets
SoFi Technologies (SOFI) has shown clear signs of weakness after breaking below a head and shoulders pattern on its chart. While some speculate on a lofty $75.00 target, the technicals tell a different story.
🔍 Current Price and Technical Outlook:
SOFI is currently trading at $14.15.
The head and shoulders breakdown suggests further downside potential, with bearish momentum dominating.
🎯 Updated Bearish Price Targets:
1. First Target: $12.68
2. Second Target: $11.49
3. Third Target: $9.20
🚨 Stay Informed:
It's important to focus on realistic targets rather than hype. The technicals are pointing towards potential downside, so managing risk and setting clear exit points is crucial for traders and investors alike.
💬 Do you agree with these targets, or do you see a different trend forming? Let’s discuss in the comments!
🔍 Current Price and Technical Outlook:
SOFI is currently trading at $14.15.
The head and shoulders breakdown suggests further downside potential, with bearish momentum dominating.
🎯 Updated Bearish Price Targets:
1. First Target: $12.68
2. Second Target: $11.49
3. Third Target: $9.20
🚨 Stay Informed:
It's important to focus on realistic targets rather than hype. The technicals are pointing towards potential downside, so managing risk and setting clear exit points is crucial for traders and investors alike.
💬 Do you agree with these targets, or do you see a different trend forming? Let’s discuss in the comments!
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