SOFI Breakout to 30$

Wait 5 sec.

SOFI Breakout to 30$SoFi Technologies, Inc.BATS:SOFIjamissonbondSoFi Technologies is primed for a major rally. The weekly chart is displaying a classic cup and handle formation, which is one of the most reliable bullish patterns in technical analysis. With the handle nearing completion, the stage is set for a breakout—often marking the start of strong upward moves as traders and investors take notice. What gives this technical setup extra weight is SoFi’s recent earnings performance. The company delivered robust results, surpassing analyst expectations and showcasing significant growth in its key lending and technology divisions. This mix of a textbook bullish pattern and solid fundamentals sets the stock up for a rapid advance, making a $30 target look more achievable in the near term. As momentum builds, both the technical traders and fundamentals-focused investors could fuel the next leg higher for SoFi.