SoFi Technologies (SOFI) Favors Rally Between $34.95 - $38.49

SoFi Technologies, Inc., ( SOFI ) provides various financial services in the US, Latin America, Canada & Hong Kong. It operates through three segments; Lending, Technology Platform & Financial services. It comes under Financial Services sector & trades as “SOFI” ticker at Nasdaq.

SOFI favors rally in bullish sequence from December-2022 low in weekly. It should continue rally between $34.95 - $38.49 area, while dips remain above 11.21.2025 low. A break above 11.12.2025 will open extension in daily rally.

It ended I of (I) at $11.70 high in July-2023 & (II) at $6.01 low in August-2024 low. Above there, it favors rally in ((5)) of III against 11.21.2025 low for targeting above $34.95 or higher. It placed ((1)) of III at $18.42 high, ((2)) at $8.60 low, ((3)) at $32.56 high, ((4)) at $23.52 low & favors rally in ((5)) of III. Within ((3)), it ended (1) at $14.78 high, (2) at $12.74 low, (3) at $30.30 high, (4) as triangle at $26.38 low & (5) at $32.56 high. It ended ((4)) in flat correction, in which (A) ended at $25.66 low, (B) at $32.73 high & (C) at $23.52 low.

SOFI - Elliott Wave Latest Daily View: 

Currently, it favors rally in (3) of ((5)) against 12.17.2025 low. It placed (1) of ((5)) at $30.42 high & (2) at $25.17 low. Within (3), it placed 1 at $27.62 high, 2 at $25.79 low & favors rally in 3 of (3). It expects (3) to extend towards $32.08 – $36.33 area against (2) low before (4) pullback start. Further break above ((3)) high will open extension between $34.95 - $38.49 area to end III in weekly. We like to buy the pullback in 3, 7 or 11 swings once break above 11.12.2025 high or later in IV pullback.

Source: https://elliottwave-forecast.c...