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SoFi Technologies: third-week sell signal, sideways market and fading strength

Third observation week for the sell signal on SoFi Technologies. The market moves sideways, signal strength drops to 2 out of 100: our model flags trading as not recommended and calls for a wait-and-see stance.

In Summary
Three observation weeks in and the sell signal on SoFi Technologies has not confirmed: the market moves sideways, signal strength falls to 2 out of 100. Our model flags trading as not recommended — high-risk entry, ranked 78th out of 80 sell signals for US stocks. A case to monitor, not to trade.
Sell signal in observation ·2nd week from start ·US stocks ·T2
IQS Phase
67
in tension
Signal Strength
2
low · fading
Sizing
MINIMUM
Ranking
#78 / 80
US stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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