Stock of the Day: SoFi Bounces Off Support — Is There More to Come?
SoFi Technologies shares (NASDAQ:SOFI) rose 8% on Thursday due to reaching a key support level. This trend could continue, making it the Stock of the Day.
SoFi's stock went up 8% after hitting a price level where it had bounced before, which is like a trampoline for stocks. When a stock bounces off its trampoline, it sometimes keeps going up, but that's not guaranteed—it's just something to watch.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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