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- Willll99Willll99
  ·2022-03-21
  Been DCA from 7
  Sofi Financial Stock Looks Attractive Down Here
  Personal finance company Sofi Technologies (NASDAQ: SOFI) stock has been punished with the benchmark
  Sofi Financial Stock Looks Attractive Down Here
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- Willll99Willll99
  ·2022-03-16
  No mentioning of fundamentals and growth performance, rubbish article.
  3 Reasons to Steer Clear of SoFi’s Sinking Ship
  The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks sin
  3 Reasons to Steer Clear of SoFi’s Sinking Ship
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from 7","listText":"Been&nbsp;DCA from 7","text":"Been DCA from 7","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034891918","repostId":"1168356732","repostType":2,"repost":{"id":"1168356732","kind":"news","pubTimestamp":1647841886,"share":"https://ttm.financial/m/news/1168356732?lang=en_US&edition=fundamental","pubTime":"2022-03-21 13:51","market":"us","language":"en","title":"Sofi Financial Stock Looks Attractive Down Here","url":"https://stock-news.laohu8.com/highlight/detail?id=1168356732","media":"marketbeat","summary":"Personal finance company Sofi Technologies (NASDAQ: SOFI) stock has been punished with the benchmark","content":"<html><head></head><body><p>Personal finance company Sofi Technologies (NASDAQ: SOFI) stock has been punished with the benchmark index sell-off despite seeing strong growth in its various segments. </p><p>The popular provider of loans ranging from student, personal and home saw record growth in 2021 as it grew its customer base to 3.5 million users, up over 80%. The Company will benefit from the projected seven interest rate hikes in 2022 to combat raging inflation. </p><p>Further tailwinds from its bank charter should materialize for its top and bottom lines. </p><p>Sofi is acquiring cloud core banking platform Technisys to help vertically integrate its business segments and accelerate growth opportunities. </p><p>Prudent investors seeking a bargain entry into a rising fintech player can watch for opportunistic pullbacks in shares of Sofi Technologies.</p><h2>Q4 Fiscal 2021 Earnings Release</h2><p>On March 1, 2022, Sofi released its fiscal fourth-quarter 2021 results for the quarter ending December 2021. </p><p>The Company reported diluted adjust earnings-per-share (EPS) loss of (-$0.15) missing consensus analyst estimates for a loss of (-$0.12) by (-$0.03). Total revenues rose 53.8% YoY to $279.88 million versus $2279.47 million consensus analyst estimates. </p><p>The Company hit a record 523,000 quarterly new members, up 39% sequentially and 906,000 quarterly new product adds up 51% sequentially. </p><p>Sofi CEO Anthony Noto commented, “We hit new highs across our key financial and operating metrics in the fourth quarter, finishing 2021 with record annual results. </p><p>Adjusted net revenue of $280 million was another quarterly record for us, up 54% year-over-year and up sequentially, even with the unexpected extension of the federal student loan payment moratorium in late December. </p><p>We exceeded $1 billion in annual adjusted net revenue for the first time. We also delivered fourth quarter adjusted EBITDA of $5 million — our sixth consecutive positive quarter — resulting in positive full-year adjusted EBITDA of $30 million. </p><p>The best part is that we were able to reach both our adjusted revenue and adjusted EBITDA milestones ahead of plan in an increasingly challenging operating environment, while also significantly exceeding our member growth guidance.”</p><h2>Mixed Revenue Guidance</h2><p>Sofi issued downside earnings guidance for fiscal Q1 2022 with revenues expected between $280 million to $285 million versus $303.56 analyst estimates. </p><p>The Company raised its fiscal full-year 2022 guidance for revenues coming in at $1.57 billion versus $1.45 billion consensus analyst estimates</p><h2>Conference Call Takeaways</h2><p>CEO Noto continued to hammer in the point of Sofi hitting new highs across key financial metrics including 54% YoY top line growth. </p><p>Growth continued in all three of its business segments generating over $1 billion in total annual sales for 2021 and sixth consecutive quarter of adjust EBITDA. </p><p>Sofi ended 2021 with 3.5 million total members, up 87% YoY. Its Galileo subsidiary grew account by 67% to 100 million. Personal loan originations grew 168% YoY in Q4 2021 credited to enhancements to its technology, quality of loans, and credit models. </p><p>The Company grew purchased home loans from low single-digits to low-double digits in relation to total home loan value percentages. Sofi relaunched jumbo loans in the second half of 2021 helping to drive growth despite rising rates. </p><p>Student loans grew 50% sequentially originating over $1.5 billion ahead of the January federal student loan moratorium deadline. </p><p>The Company expects continued acceleration to loans growth driven by opportunities bestowed upon it from the new bank license it acquired in 2021. </p><p>The Company added 2.5 million new financial services products in 2021 and launched services like SoFi Money, SoFi Checking and Savings offering members 1% APR and the SoFi Credit Card, which gives rewards for both purchases and smart financial behaviors.</p><p><img src=\"https://static.tigerbbs.com/11c0dd4f91cd53ca924421a78e322418\" tg-width=\"1200\" tg-height=\"1133\" width=\"100%\" height=\"auto\"/></p><h2>SOFI Opportunistic Pullback Levels</h2><p>Using the rifle charts on the weekly and daily time frames provide a precise view of the price action playing field for SOFI stock. The weekly rifle chart peaked off the $24.68 Fibonacci (fib) level before collapsing towards the $7.52 fib afterwards. </p><p>The weekly rifle chart has a downtrend with a falling 5-period moving average (MA) at $9.90 followed by the 15-period MA at $12.42. The stochastic is compressed under the 10-band indicating very oversold conditions. </p><p>The weekly lower Bollinger Bands (BBs) sit at $3.80. The weekly 50-period MA sit at $16.09. The daily rifle chart downtrend is starting to slow down as the market structure low (MSL) buy triggers above $8.76. </p><p>The daily 5-period MA is flattening at $8.43 while 15-period MA closes the channel at $13.08. The daily stochastic is attempting to cross up at the 10-band. The daily lower BBs are coiling up at $6.96. Prudent investors can watch for opportunistic pullbacks at the $8.00 level, $7.52 fib level, $6.66 level, $5.56 level, and the $4.43 price level. </p><p>Upside trajectories range from the $11.83 level up towards the $17.69 fib level.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sofi Financial Stock Looks Attractive Down Here</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSofi Financial Stock Looks Attractive Down Here\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-21 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketbeat.com/originals/sofi-financial-stock-looks-attractive-down-here/><strong>marketbeat</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Personal finance company Sofi Technologies (NASDAQ: SOFI) stock has been punished with the benchmark index sell-off despite seeing strong growth in its various segments. The popular provider of loans ...</p>\n\n<a href=\"https://www.marketbeat.com/originals/sofi-financial-stock-looks-attractive-down-here/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://www.marketbeat.com/originals/sofi-financial-stock-looks-attractive-down-here/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168356732","content_text":"Personal finance company Sofi Technologies (NASDAQ: SOFI) stock has been punished with the benchmark index sell-off despite seeing strong growth in its various segments. The popular provider of loans ranging from student, personal and home saw record growth in 2021 as it grew its customer base to 3.5 million users, up over 80%. The Company will benefit from the projected seven interest rate hikes in 2022 to combat raging inflation. Further tailwinds from its bank charter should materialize for its top and bottom lines. Sofi is acquiring cloud core banking platform Technisys to help vertically integrate its business segments and accelerate growth opportunities. Prudent investors seeking a bargain entry into a rising fintech player can watch for opportunistic pullbacks in shares of Sofi Technologies.Q4 Fiscal 2021 Earnings ReleaseOn March 1, 2022, Sofi released its fiscal fourth-quarter 2021 results for the quarter ending December 2021. The Company reported diluted adjust earnings-per-share (EPS) loss of (-$0.15) missing consensus analyst estimates for a loss of (-$0.12) by (-$0.03). Total revenues rose 53.8% YoY to $279.88 million versus $2279.47 million consensus analyst estimates. The Company hit a record 523,000 quarterly new members, up 39% sequentially and 906,000 quarterly new product adds up 51% sequentially. Sofi CEO Anthony Noto commented, “We hit new highs across our key financial and operating metrics in the fourth quarter, finishing 2021 with record annual results. Adjusted net revenue of $280 million was another quarterly record for us, up 54% year-over-year and up sequentially, even with the unexpected extension of the federal student loan payment moratorium in late December. We exceeded $1 billion in annual adjusted net revenue for the first time. We also delivered fourth quarter adjusted EBITDA of $5 million — our sixth consecutive positive quarter — resulting in positive full-year adjusted EBITDA of $30 million. The best part is that we were able to reach both our adjusted revenue and adjusted EBITDA milestones ahead of plan in an increasingly challenging operating environment, while also significantly exceeding our member growth guidance.”Mixed Revenue GuidanceSofi issued downside earnings guidance for fiscal Q1 2022 with revenues expected between $280 million to $285 million versus $303.56 analyst estimates. The Company raised its fiscal full-year 2022 guidance for revenues coming in at $1.57 billion versus $1.45 billion consensus analyst estimatesConference Call TakeawaysCEO Noto continued to hammer in the point of Sofi hitting new highs across key financial metrics including 54% YoY top line growth. Growth continued in all three of its business segments generating over $1 billion in total annual sales for 2021 and sixth consecutive quarter of adjust EBITDA. Sofi ended 2021 with 3.5 million total members, up 87% YoY. Its Galileo subsidiary grew account by 67% to 100 million. Personal loan originations grew 168% YoY in Q4 2021 credited to enhancements to its technology, quality of loans, and credit models. The Company grew purchased home loans from low single-digits to low-double digits in relation to total home loan value percentages. Sofi relaunched jumbo loans in the second half of 2021 helping to drive growth despite rising rates. Student loans grew 50% sequentially originating over $1.5 billion ahead of the January federal student loan moratorium deadline. The Company expects continued acceleration to loans growth driven by opportunities bestowed upon it from the new bank license it acquired in 2021. The Company added 2.5 million new financial services products in 2021 and launched services like SoFi Money, SoFi Checking and Savings offering members 1% APR and the SoFi Credit Card, which gives rewards for both purchases and smart financial behaviors.SOFI Opportunistic Pullback LevelsUsing the rifle charts on the weekly and daily time frames provide a precise view of the price action playing field for SOFI stock. The weekly rifle chart peaked off the $24.68 Fibonacci (fib) level before collapsing towards the $7.52 fib afterwards. The weekly rifle chart has a downtrend with a falling 5-period moving average (MA) at $9.90 followed by the 15-period MA at $12.42. The stochastic is compressed under the 10-band indicating very oversold conditions. The weekly lower Bollinger Bands (BBs) sit at $3.80. The weekly 50-period MA sit at $16.09. The daily rifle chart downtrend is starting to slow down as the market structure low (MSL) buy triggers above $8.76. The daily 5-period MA is flattening at $8.43 while 15-period MA closes the channel at $13.08. The daily stochastic is attempting to cross up at the 10-band. The daily lower BBs are coiling up at $6.96. Prudent investors can watch for opportunistic pullbacks at the $8.00 level, $7.52 fib level, $6.66 level, $5.56 level, and the $4.43 price level. Upside trajectories range from the $11.83 level up towards the $17.69 fib level.","news_type":1,"symbols_score_info":{"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032512895,"gmtCreate":1647397618224,"gmtModify":1676534225099,"author":{"id":"3574998462702549","authorId":"3574998462702549","name":"Willll99","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574998462702549","authorIdStr":"3574998462702549"},"themes":[],"htmlText":"No mentioning of fundamentals and growth performance, rubbish article.","listText":"No mentioning of fundamentals and growth performance, rubbish article.","text":"No mentioning of fundamentals and growth performance, rubbish article.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032512895","repostId":"1148387409","repostType":2,"repost":{"id":"1148387409","kind":"news","pubTimestamp":1647396013,"share":"https://ttm.financial/m/news/1148387409?lang=en_US&edition=fundamental","pubTime":"2022-03-16 10:00","market":"us","language":"en","title":"3 Reasons to Steer Clear of SoFi’s Sinking Ship","url":"https://stock-news.laohu8.com/highlight/detail?id=1148387409","media":"investorplace","summary":"The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks sin","content":"<div>\n<p>The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks since, it’s tumbled to $8 for a roughly -40% thrashing. Such a move in a year would be terrible. We ...</p>\n\n<a href=\"https://investorplace.com/2022/03/steer-clear-of-sofi-stock-sinking-ship/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons to Steer Clear of SoFi’s Sinking Ship</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons to Steer Clear of SoFi’s Sinking Ship\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-16 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/steer-clear-of-sofi-stock-sinking-ship/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks since, it’s tumbled to $8 for a roughly -40% thrashing. Such a move in a year would be terrible. We ...</p>\n\n<a href=\"https://investorplace.com/2022/03/steer-clear-of-sofi-stock-sinking-ship/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://investorplace.com/2022/03/steer-clear-of-sofi-stock-sinking-ship/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148387409","content_text":"The day after earnings, SoFi Technologies (NASDAQ:SOFI) opened just shy of $13. In the two weeks since, it’s tumbled to $8 for a roughly -40% thrashing. Such a move in a year would be terrible. We just saw it in nine trading days. And now, SOFI stock is in the single digits for the first time since going public following its merger with a special purpose acquisition company (SPAC) in 2020. Until we see signs of a turnaround, this is a stock to avoid for a few reasons.First, we’re in a bear market, and that’s a terrible backdrop for bullish trades in general.Second, SoFi Technologies is the type of company that is entirely out of favor right now.Third, even if we ignore those other reasons, the chart looks terrible.Let’s take a brief look at each of these critical considerations.The Market TideSoFi stock has staged some stellar rallies over the past year, but none have come in the past five months. This is not a coincidence. The Nasdaq peaked in November and has been pretty much sinking ever since. With this week’s whack, the index officially entered bear country by falling 20% from its highs. But if you look underneath the surface at the more speculative names, it’s way worse.Think of market indexes like the S&P 500, Nasdaq, and Dow Jones Industrial Average as the tide. Individual companies like SoFi are the boats. A rising tide lifts all boats, and a falling tide lowers them. Until the Nasdaq reverses its downtrend, bullish trades on SOFI stock have low odds of sustained follow-through.Money Losers are ShunnedIf you survey the stocks that have been beaten down the most in recent months, you’ll discover they have common characteristics. They are recent initial public offerings (IPOs) or SPACs, and mostly growth-oriented momentum stocks. They were trading at lofty valuation at their peaks, leaving plenty of room for them to pull back. Many were losing money and trading off the hopes of future profitability.Essentially every one of these descriptions applies to SoFi.In a zero-interest-rate world where inflation concerns are minimal, these types of companies can thrive. But that’s not the world we live in anymore.With inflation running at multi-decade highs and over half a dozen rate hikes already priced in, money today is worth more than money tomorrow. Investors have adapted by shunning the companies they just recently loved. Every characteristic above is now a liability. And that hasn’t bode well for SoFi Technologies.As a newer public company still in its infant stage, it lacks the institutional backing and history that larger companies can fall back on. That makes it an easier ticker to abandon when investors de-risk their portfolios.SoFi Stock Chart is TerribleIf we cut to the heart of the matter, SoFi’s stock chart broadcasts a bearish message loud and clear. Allow me to break it down. The price trend is down on every time frame. The 200-day, 50-day, and 20-day simple moving averages are sinking fast. Distribution days have multiplied, and sellers are quick to snuff out the rally any time we get signs of accumulation.The stock is bumping along at all-time lows, bringing all sorts of bearish implications. At one point yesterday, not a single soul on the planet who purchased after the IPO sat in a winning position. Not one. The urge to stop the pain or exit at less of a loss creates a mountain of overhead pressure that threatens to thwart any recovery attempt.Even if you love everything that SoFi Technologies represents about the future of fintech, there’s no real evidence that backs a decision to buy here. If there’s anything this bear market has taught and re-taught us, it’s that prices can go a lot lower than you think before hitting the bottom.","news_type":1,"symbols_score_info":{"SOFI":0.9}},"isVote":1,"tweetType":1,"viewCount":2083,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000684","authorId":"9000000000000684","name":"BerniceCarter","avatar":"https://static.tigerbbs.com/043a4785c03f3218364bbe4043176dbc","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000684","authorIdStr":"9000000000000684"},"content":"Agree. we prefer article with fundamental and performance written which make us know more details before we do any decision!","text":"Agree. we prefer article with fundamental and performance written which make us know more details before we do any decision!","html":"Agree. we prefer article with fundamental and performance written which make us know more details before we do any decision!"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}