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SOFI – Numerous Rejections at the White Resistance Zone, Likely to Rebound Here and Attempt a Breakout

Written By: ChartChamp

April 4, 2024

Initially I thought that SOFI would drop back down towards the yellow trendline. However, I think that SOFI is a lot more bullish than I anticipated. I think there is a rebound forming here, and SOFI is likely to make another attempt to break through the red trendline and white resistance zone. There were numerous failed attempts to break above the white resistance zone, but I think SOFI could continue to power through and form a breakout over the next few weeks and months.

ChartChamp socials: https://linktr.ee/realchartchamp

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