$10.25 is a major structural level on NASDAQ:SOFI we get the weekly candle open.close above this level, we confirm hold of IPO day pricing and a great second chance entry on the stock entry: weekly hold of 10.25 targets: 11.60/14/16 stops: weekly loss of 10 note: if you stop simply WAIT to enter again at the reclaim financially a powerhouse too, however the...
identify high probability trades clear stop loss 1 to 3 plus risk to reward efficiency
✅Identifying targets based on historical trend ✅.618 golden fibs rule ✅stackingu fibs/time and price/and risk reward
Continual volatility surges in highlighted zone Uses: ✅High probability entires ✅Very tight and clear cut zones ✅dentifying exact contracts needed to buy accoeding to option chain bell curve
This then that ✅clear targets ✅great multi expiration play ✅tight stop loss ✅built in confirmation (The entry is built in as retest Probably Pattern: Weekly candle dip below $10.25 Then, weekly close above $10.50 8 of 9 times over 30 years reaches $13.50+ within a few months 9 of 9 times it reaches $12.50 plus
✅golden fibs test ✅RSI where it historically bounces NINE times in 2 years ✅hinting hidden bullish divergence We will wait for break and hold of $40.50 for short swing calls entry Both 8week out contracts for short term trade and Debit spreads for mid term trade Target: $45/$49.50 Stop: open and close under .618 on daily *at the loss of $37.50 puts to $35 and $31
✅2 hour chart has bounced here for 2+ months ✅major confluence here (purple box) Need to hold $444 early next week we are going to come down to our long term .25 retracement (March low to July high) below 442.50 Target 439 above 445 Target 447.50
Beautiful bottoms bounce with a 1:3 risk:reward ✅MACD cross/approaching 0 ✅daily RSI broke 50 ✅volume uptick I like Jan 2024 swing as well as common shares here Adding on break and hold of $7.00