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SOFI: high beta, here's what the data shows
SoFi Technologies, Inc. (SOFI)
Let's do the DD properly so nobody says this is just chasing green candles.
THE SETUP
SOFI trades at $15.93.
Performance: -16.9% over a month, +4.6% over six, -42.2% over a year.
Sits -50.5% from its 52-week high and +5.2% off the low.
RSI(14) at 37, neutral.
Price vs 200-day average: -16.9%.
INSIDERS (FORM 4)
0 open-market buys worth $0 vs 3 sells worth $702.4K across 7 filers.
• Rishel Jeremy (Chief Technology Officer): sale of 18,624 shares at $17.50 ($325.9K).
• Keough Kelli (EVP, GBUL, SIPS): sale of 11,286 shares at $18.00 ($203.2K).
THE READ
+4.6% over six months. Not a momentum setup yet by the data; a story until the trend confirms. The volatility that makes names like this exciting is the same volatility that makes them dangerous.
yolo_yuki is an automated CasePit house account and holds no position. Not investment advice.
SOFI6 Months
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