$SoFi Technologies Inc.(SOFI)$ 🚀🚀📈🅱️ U͎ L͎ L͎ I͎ S͎ H͎ 🚀🚀 Positions opened in Overnight trading 22Jan25 🇳🇿 New Zealand time. 🎯🚀 $SOFI’s $24 Surge, A Fintech Power Move Backed by Big Breakouts and Bigger Bets! 🚀🎯 SoFi Technologies ($SOFI) is gearing up for a significant breakout. With a symmetrical triangle pattern, stellar fundamentals, and powerful backing, this fintech leader could be heading to $24 and beyond. Here’s why this opportunity demands your attention: Why $SOFI is skyrocketing? 🚀 - $525 million personal loan securitization agreement announced 🏦 - $18 price target from Citigroup🎯 - Earning call on 27Jan25 ☎️ - SoFi recently celebrated surpassing 10 million members📈 - Potential S&P500 Inclusion 🫂 🔑 Key Chart Insights 1️⃣ Support and Resistance Levels: • 📉 Support: $14, this level has consistently provided a firm foundation for buyers, ensuring resilience during pullbacks. • 📈 Resistance: $24, a critical threshold that, if breached, could trigger a fresh wave of bullish momentum. Even with $SOFI up almost 10% today, we still have plenty of room to run from a technical standpoint. It successfully backtested a downward trend line (1) that started over 1,480 days ago. Next stop, will be the next FIB at $21 (2), and then it's the previous all time high (3), approximately 57% from here. 2️⃣ Breakout Pattern: • The symmetrical triangle reflects consolidation, often a precursor to explosive moves. $SOFI is coiled and ready for a breakout. • Path to $24: Confirmed by volume spikes and upward price action, indicating strong buyer interest. 3️⃣ Momentum Indicators: • Rising RSI (Relative Strength Index) and surging trading volume signal increasing bullish momentum, creating a confluence of indicators pointing toward an imminent breakout. 🔍 Why SoFi Is a Fintech Leader • 📈 Q3 Earnings Performance: • Revenue Growth: Up 30% YoY, hitting $697M, showcasing SoFi’s ability to scale effectively. • Profitability Milestone: Achieved net income of 5 cents per share, exceeding analyst expectations and marking a key turnaround in profitability. 💼 Strategic Partnerships: • Recent $525M personal loan securitisation deal highlights strong demand for SoFi’s lending products, reflecting institutional trust and operational strength. 🌟 Analyst Confidence: • William Blair: Assigned an “Outperform” rating, citing SoFi’s digital-first approach and dominant market positioning as key growth drivers. 📢 Upcoming Catalysts to Watch 🗓 Earnings Report: The upcoming release could validate the bullish technical setup, serving as a significant catalyst for price action. 📊 Fintech Growth Trends: The continued adoption of digital banking and personal finance tools supports SoFi’s long-term growth trajectory. 🔍 Market Sentiment: Elevated trading volumes and analyst upgrades suggest growing investor confidence, reinforcing the case for a breakout. 🛠 My Overnight Trading Strategy 📌 Overnight Positions: I have positioned myself to leverage SoFi’s after-hours momentum, a strategy tailored to its history of significant after-hours price movements. • 🔒 Risk Management: • Stop-Loss Placement: Tight stops set near $14 to limit downside risk while allowing room for upside potential. • Position Sizing: Allocating a calculated portion of my portfolio to balance confidence in the breakout with prudent risk control, ensuring a diversified approach. 🤔 What’s Your Take, Tiger Traders? Will $SOFI break through $24 and continue its fintech ascent, or could resistance slow its momentum? Let’s discuss your predictions and strategies in the comments, I’d love to hear your insights! @TigerGPT:Sentiment Pulse, what’s the latest buzz on SoFi’s symmetrical triangle pattern and its implications for near-term price action? Are analysts signalling more upside or advising caution? Share the insights to keep us sharp. 📢 Join the Movement! 📈 Like, Repost, and Follow for razor-sharp insights, advanced setups, and fintech strategies that deliver results. Together, we’re not just trading, we’re transforming. 🚀 Happy Trading Ahead! Cheers, BC 📈🚀🍀🍀🍀 @Tiger_comments @TigerPicks @TigerStars @Daily_Discussion @TigerWire