$SOFI basing and positioned for break out

SOFI is now trading sideways within a channel as depicted on the daily chart shown here.

The yellow line shows a strong line of support that has been resistance in the past.

Overall im bullish but confirmation has not yet been set. This is a great stock to add to your watchlist. If there is a breakout the % return might be huge
Chart PatternsSupport and ResistanceTrend Analysis

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