SOFI back in demand zone, just closed warrant redemption
Just days after a surprise earnings beat in November, SOFI announced a warrant redemption which subsequently sent it tumbling. Yesterday, 12/15, they announced the warrant redemption was completed, right as it entered into the demand zone.
RSI indicates we're in oversold territory and there's strong support in the 13.75-14.25 area. Financial sector stock are poised to do well heading into the new year with inflation skyrocketing.
RSI indicates we're in oversold territory and there's strong support in the 13.75-14.25 area. Financial sector stock are poised to do well heading into the new year with inflation skyrocketing.