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Strong Rejection for SOFI, Key $5.50 Buy Target to Monitor
There has been a lot of recent hype surrounding SOFI, but I have been patiently waiting for a buy opportunity at the yellow support line. This week SOFI had a strong rejection at the white resistance zone between $8.41 and $8.95. My key buy target has always been this yellow trendline, I think it will take […]Read More
AAPL Drops Below $174 to $177.50 Support Zone
AAPL continues to show weakness by dropping below the light blue support zone for a second time. AAPL is trading below support and there is likely to be a short-term rebound here. I would look for a bounce around $165 to $168. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreS&P 500 at Strong Resistance, Short Trade Setup for SPXS
SPY is trading at a key resistance level, the white resistance line that has consistently provided strong rejections for the S&P 500. I am taking a short trade setup by going long on SPXS. Price targets: – Red support zone between $469 and $477 – Red trendline around $433 (price increases over time since the trendline is […]Read More