SOFI is definitely in a downtrend still… If you’re already long then I would only add at the green support levels and maybe at the blue trendline… BUT If it breaks below those levels I would wait until the macD breaks above the centerline again before doing anything else… since there’s just about no support under there…
If you can train yourself to always think in terms of support and resistance levels you will do well. I hope this is helpful.
—————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
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