CHANWAWA
2021-08-10
Good stock
What's Going On With SoFi Stock?
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The Reddit forum is known for short squeezes.</p>\n<p>On Wednesday, Benzinga’s Tyler Bundy noted that SoFi’s stock could be subject to a short squeeze with 18% of shares being short.</p>\n<p>The stock could find resistance near the 50-day moving average in the future, as per Bundy who also noted that the $15 price level has held as support multiple times and the stock is seeing resistance from lower high trendline on the chart.</p>\n<p>On Tuesday, Television host <b>Jim Cramer</b> said he was a buyer of SoFi at its current price. He said, “Frankly, I don’t understand why this stock is where it is. I think [CEO] <b>Anthony Noto</b> is doing a terrific job. I think at $15, you buy the stock. 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The Reddit forum is known for short squeezes.</p>\n<p>On Wednesday, Benzinga’s Tyler Bundy noted that SoFi’s stock could be subject to a short squeeze with 18% of shares being short.</p>\n<p>The stock could find resistance near the 50-day moving average in the future, as per Bundy who also noted that the $15 price level has held as support multiple times and the stock is seeing resistance from lower high trendline on the chart.</p>\n<p>On Tuesday, Television host <b>Jim Cramer</b> said he was a buyer of SoFi at its current price. He said, “Frankly, I don’t understand why this stock is where it is. I think [CEO] <b>Anthony Noto</b> is doing a terrific job. I think at $15, you buy the stock. I think you just go buy it,”reported CNBC.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137838611","content_text":"SoFi Technologies Inc shares closed 8.47% higher at $16.39 in the regular session on Wednesday.\nWhat’s Moving?In the after-hours session, shares of the online personal finance company declined by almost 0.4%.\nSoFi garnered high social media interest ahead of the company’s upcoming release of second-quarter numbers scheduled for August 12 after financial markets close for the day.\nSince the year began, SoFi has rallied 31.75%.\nWhy Is It Moving?SoFi was among the most discussed names on r/WallStreetBets or WSB at press time. The Reddit forum is known for short squeezes.\nOn Wednesday, Benzinga’s Tyler Bundy noted that SoFi’s stock could be subject to a short squeeze with 18% of shares being short.\nThe stock could find resistance near the 50-day moving average in the future, as per Bundy who also noted that the $15 price level has held as support multiple times and the stock is seeing resistance from lower high trendline on the chart.\nOn Tuesday, Television host Jim Cramer said he was a buyer of SoFi at its current price. He said, “Frankly, I don’t understand why this stock is where it is. I think [CEO] Anthony Noto is doing a terrific job. I think at $15, you buy the stock. I think you just go buy it,”reported CNBC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":9,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/896408413"}
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