SoFi Technologies, Inc., (SOFI) provides various financial services in the US, Latin America, Canada & Hong Kong. It operates through three segments; Lending, Technology Platform & Financial services. It comes under Financial Services sector & trades as “SOFI” ticker at Nasdaq.
SOFI favors rally in 5 of (1) from April-2025 low as explained in previous article, which confirms above $25.11 high. It should rally targeting into $26.21 – $28.01 area against 7.30.2025 low before correcting next. We like to buy the next pullback in (2) in 3, 7 or 11 swings later against April low.
SOFI – Elliott Wave Latest Daily View: 
It made all time low of $4.24 in December-2022. Above there, it favors rally in (1) of ((3)) of III from 4.07.2025 low in proposed nesting. It placed I at $11.70 high in diagonal sequence in July-2023 & II as zigzag correction at $6.01 low in August-2024. It was corrected 0.764 in Fibonacci retracement in II before rally in ((1)) of III. It ended ((1)) at $18.42 high in January-2025 & ((2)) at $8.60 low in April-2025. Within ((1)), it placed (1) at $8.30 high, (2) at $6.75 low, (3) at $17.19 high as extended wave, (4) at $13.60 low & finally (5) at $18.42 high as ((1)). Wave ((2)) was corrected in 11 swings.
SOFI – Elliott Wave View From 7.21.2025: 
Above ((2)) low, it already confirmed higher high sequence indicates the bullish bias against April-2025 low. It favors rally in (1) of ((3)) & expect one push higher above 7.30.2025 low. Within (1), it placed 1 at $14.78 high, 2 at $12.74 low, 3 at $25.11 high, 4 at $20.43 low & favors rally in 5 of (1). Currently, it favors upside in ((i)) of 5 & expect a break above $24.50 high to finish it before correcting in ((ii)). As long as it holds above $20.43 low, it should rally into $26.21 – $28.01 area to finish (1) either as impulse or diagonal sequence. We like to buy the next pullback in 3, 7 or 11 swings in (2) against April-2025 low. If it breaks above $28.01 high & erase the momentum divergence, then it can see even more upside. So, we don’t recommend selling it in any pullback.
SOFI – Elliott Wave Latest Weekly View: 
SOFI is not the part of regular service at EWF, but we provide time to time updates on instruments under blog section. Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.
Back
