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SoFi Technologies (SOFI)

SoFi Technologies (SOFI)
SOFI $SoFi Technologies(SOFI.US)$ broke out of a descending wedge (which is a bullish pattern of reversal) in early July, retaking its 50-day SMA at that time. Since then Relative Strength has solidified, as the daily MACD has managed to keep all three of its components in positive territory over the past two "base of consolidation building" weeks. This morning, the stock has made another attempt at its 200-day SMA. So far, the attempt has failed. Just don't want to see a smallish double top today. That could play out bearishly at least short-term.
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    NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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