SOFI Update 4/21 | Short Term Update | 21-22$ Next?

Hinzugefügt: 2026-05-05

[00:00:02]So far update here on the 21st.

[00:00:05]So, we had a nice dip today down to 1870.

[00:00:10]And we had a nice pop after hours back up to 1920.

[00:00:15]And so you look at this move from the very bottom. What does it look like to me? Well, we hit the 1.61 fib.

[00:00:23]We retraced. We hit almost the 0.38 fib.

[00:00:30]And it's also a corrective structure.

[00:00:37]As it stands right now, this looks pretty corrective to me. And there's my lines from earlier.

[00:00:42]We also filled this gap yesterday.

[00:00:46]And there's no other gaps except for down here at 18 bucks.

[00:00:50]Um, I don't think we're going down to 18 bucks. If we do go down to 18 bucks, that would be um, kind of weird.

[00:00:57]But I'd probably be looking at it as potentially a B wave.

[00:01:01]So as it stands right now, if this is a fourth wave, then this is likely the bottom.

[00:01:07]1872 is likely the bottom. And where would we head from there? We would just be making the fifth wave higher.

[00:01:18]Like that. I'd be looking up here to 21 to 22 bucks.

[00:01:23]Um, my exact target is probably somewhere around like 2150.

[00:01:27]And you have the 100 day moving average right around 22 bucks. So, I don't think we would break that yet unless we get an extended fifth wave.

[00:01:39]Uh, so does this What does this mean though? If we end up making a fifth wave into earnings, it'd probably be right around at earnings.

[00:01:46]Because this is about um, 6 days.

[00:01:50]We're here on the 22nd tomorrow.

[00:01:53]Probably be up in this range around earnings time.

[00:01:57]It'd probably mean that earnings is going to be a fade.

[00:02:00]So we basically ran into earnings.

[00:02:04]But this overall structure also means there's a very good chance that we're bullish from here. We would pull back and then go higher.

[00:02:14]The two possibilities if we go up here to 21 22 next are going to be this or we bottomed and we're ready to go up to 50.

[00:02:28]Obviously not a right away. It would take a while. It'd probably take If we bottomed already, I would say we could be there potentially by the end of the year, maybe early 2027. It's obviously going to take a while.

[00:02:40]But if you go back and look at these moves in the past, um, these moves were very very quick.

[00:02:48]So we went from eight to 32 in 6 months.

[00:02:54]So we're here at 15.

[00:02:57]It's not going to be that shocking if we go to 50.

[00:03:01]Eight to 32, that is a 300% gain.

[00:03:05]You have 15. We need another 300% gain to get up to 50 bucks basically.

[00:03:10]So, um, I would like to see us run up here to 21 22 bucks. If you're a trader, that's a sell. If you're a investor, you could sell a covered call if you wanted to.

[00:03:22]But um, that's going to be very very bullish to me.

[00:03:26]Second possibility would be if we just fade here, we come back up here and then we fade down more into earnings. I still would be bullish going into earnings.

[00:03:37]I guess it'd be the opposite though.

[00:03:38]This would be more bullish going into earnings and we could shoot up here farther.

[00:03:43]Um, it brings a lot of different possibilities in. You could be looking at a nested move too.

[00:03:48]So one where this is actually a wave one within wave three.

[00:03:57]And so basically on both scenarios, I'm very very bullish. Um, it's just one of them would be going up right away to 21 22 bucks. The second scenario maybe we go lower, maybe we we fill this gap here at 18 bucks and then we go higher.

[00:04:15]Um, I would be looking at that as potentially a nested move, the one I just showed you, or a B C higher.

[00:04:25]So going over the scenarios again, I can't give you one scenario. That's the problem with these videos. I can't give you one scenario. So to me, this does look like five waves.

[00:04:37]And so my number one scenario is just going to be this.

[00:04:41]Up here, I think we'd probably get rejected by the 100 DMA and the 200s around 2385.

[00:04:48]But I think that'd be a very very bullish structure overall.

[00:04:54]Uh, what else is there to talk about here?

[00:04:59]Um, well again, I think I talked about this in the last video. The 200 DMA is up here. Every time we've gone below the 200 DMA, we've shot right back up to it.

[00:05:07]And so this is suggesting that we bottomed already.

[00:05:10]And again on the weekly and the monthly, it's the same thing.

[00:05:14]Um, on the weekly and monthly, I don't know what's going on with TradingView. I don't know if this is my internet or TradingView, but it's going really really slow.

[00:05:24]Um, we have the 20 right here. We came below that. I showed that in the last video as well.

[00:05:32]So that's another reason why a very good reason why we could have bottomed.

[00:05:37]But I'm just ready for anything really.

[00:05:39]If we go down to 10 to 12 bucks later in the year because the market sells off, then that's not really that big of a deal to me. That's just another spot to load the boat as long as SoFi is doing well as a company.

[00:05:52]So I'm going to go ahead and end this video for today. That's my thoughts in the short term.

[00:05:58]The TradingView is being really annoying right now. I can't flip real quick. So I'm going to end it right here. Leave me a comment, like, subscribe for more updates.

[00:06:07]I'll try to do another update tomorrow.

[00:06:08]Let's see if we start moving higher.