SOFI has successfully broken out above its key resistance level
$SoFi Technologies Inc.(SOFI)$ has successfully broken out above its key resistance level, consolidating its uptrend and establishing a higher low (support) at $24.28.
The next price targets are $30.25, with potential extension to $33.85. While the RSI is entering overbought territory at 72.90, there may be additional upward momentum given the recent resistance breakout.
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As posted days ago,
SOFI is breaking out. The stock has surged from its April lows, climbing steadily to over $27. Its price is well-supported by key moving averages, showing strong momentum without being overbought. With volume holding steady, it looks ready to test its next resistance level.
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