$SOFI - Possible channel breakout

Calls are paying off, and the momentum looks promising.

The price has the potential to reach a significant resistance zone between $8.00 to $8.50.

Why is this level crucial? It's because $8.00 - $8.50 represents the convergence of several resistance factors:

1. Head and Shoulder neckline resistance.
2. 50-day moving average resistance.
3. Point Of Control resistance.
4. Upper trendline resistance.

To reach to the maximum measured move of $9.80 from the channel breakout, the price must overcome this resistance. 🙏

Upside Price targets:
$8.00
$8.50
$9.80

Downside Risk:
$6.00