SoFi Stock About To EXPLODE!?🔥

How's it going, guys? Stoss here. Welcome back to another video. So, looks like SoFi starting to gain some momentum. Let's dive into the charts, go over what I'm doing, and where my head's at with SoFi and the entire market as we had a pretty good day across the board. So, guys, hit the like button, make sure to subscribe, and check out my Patreon if you want to keep up with my portfolio updates, my trades, investments, and if you want to be a part of my private Discord, all that's linked down below, pinned in the comments, or go to stossurfast.com/patreon. It's also in the bio. You guys know where to find it, and now, cheers. I appreciate you all for tuning in as always. Let's dive into it. So, SoFi hit a fresh multi-day high today as the entire market did well. The S&P went up 3/4 of a percent, the Qs went up over 1.1%, the Dow went up 0.1, and the Russell went up a quarter percent. So, green day across the board as the VIX is up. It went up half a percent on the day trading at about 14-15 points, and we can see SoFi broke out above this 1850 resistance on the 5-day 5-minute chart, and we hit $18.65. And this is very bullish because it's not like we popped in the morning and then gave back all the gains, um you know, throughout the rest of the day. We popped in the morning, pulled back, and then we ripped throughout the rest of the day. So, this is very bullish, man. Very bullish price action. The fact that we popped, pulled back, tested that pre-market support, we held it, and then SoFi went on an absolute heater, going up around 4% into close. Then it, you know, it pulled back a little bit, not too bad. Um and overall, it was a great day. And the fact that, again, we took out 1850, we hit 1865, That is a very good sign in the short term and I'm I'm seeing potentially a breakout on the horizon and I know I've said that before. And like I said in my last video, it's almost like why am I talking about SoFi so much? I feel like it's been flat for months. It's going to break out eventually, but I mean, who who knows when it's going to happen, but it's starting to get better. The charts are starting to shape up and I'm I'm noticing here on ascending triangle. Do you guys kind of see it? I'm sure you guys see it. We're not quite yet out of the highs from earlier here in August. We hit about 18 $19, really 1880 to $19. We're not out of that point yet. Uh but we're getting there. The the ascending triangle is intact and let's see if it breaks out. I think if we take out $19, this could really take out or start to take off in the short term and then that's where the real test is going to come. $19.50, 20 bucks, which is where my alerts at guys, 20 bucks a share. So, good day. Pretty good day overall. We have an ascending triangle, golden cross. We have that cup and handle as well. How However you want to slice it and dice it guys, it kind of looks like SoFi is building momentum and I'm going to set my alert here at 1850. Let me do that. We closed just under 1850. So, I'm going to set an alert there and I'll do another one at $19. Ba ba ba. Give me a second here guys. Mark is at or above $19. So again, if this thing takes out 1850, $19, it could fill the gap to 20 and that's the real breakout spot. As you guys know, we've tested 20 many times. Back in April, the middle end of April, we hit it in the end of May, right there, we hit it. Here and what when was that? The middle of July? So, that is the spot to break. And when we break it, not if, in my opinion, when we break it, this is going mid-20s like that. I think the move will come fast. I think the move's been pent up, you know, this this thing's like it it's pent up and it's about to explode. And when it does, that move's going to be made quickly, in my opinion. And who knows, after that move is made to the mid-20s, it it might pull back. It might give back all the gains. Who knows? But, I'm here for it. I'm ready for it. And you know, I think it's coming sooner rather than later. If it's Listen, if if it's August 13th, 2027 and we haven't broke out yet, okay, at that point, it's like I might have to throw the towel in, right? If this thing doesn't break out in the next year, it's going to be like, what the heck, SoFi? Come on. But, I'm confident it will, sooner rather than later. So, what do you guys think about it? I have my alerts set, again, at 1850, $19, 20 bucks. So, you you can't really miss it, right? When it comes to SoFi, if you have all those alerts on there. And it was a good day for a lot of these fintech, finance companies, right? Robinhood had a phenomenal day, which I'm long Robinhood, as well. It had a 5% green day. We closed just under $100 a share. And what was I telling you guys? I was saying this in the Patreon and Discord. I was saying that here on the videos. This stock, when it got down to the mid-80s, low-90s, right? It was it was such an easy hold. And honestly, it was a good buy, based on the charts. I mean, this thing, clearly, in my eyes, wasn't going to break this trend line. I mean, it just needed to pull back. We We the pull back all the way to 84 from what? 120? Massive pullback honestly. We're talking 30%. Um buyers came in. Now we're up to 100 bucks. We're about to take out the 180 SMA potentially here at about 100 $100.50. Um it could take off even further. Although if it does break through 100, I think we'll probably see a pullback before it takes off even further. But man, this thing is clearly gaining momentum. Same with I think a firm had a great day today guys. Affirm had a phenomenal day which I'm not in anymore. Um I actually bought calls. You guys remember a couple months ago. Um I think I bought $70 calls when the stock was at like 75. So I bought in the money calls. That's usually what I do guys when I'm buying calls these days. In the money and far out when it comes to the expiration. Um we did great on that trade. Phenomenal trade. Again, I bought that when it was trading right around here. We saw the cup and handle and boom, it ripped all the way to $86 $87 a share. And I sold in the low I think low mid 80s. Um locked in profits on those calls. Made it like 30 40%. I forget what it was. Uh but now it kind of looks like it might be gearing up to make another move to the low mid 80s. And honestly, I might have to get back into those uh calls guys. We had a 7% green day today on Affirm. And it it's trying to break back through 78 9 you know 79 80 bucks. Um so I'm going to set my alert at $79 per share. Let me do that right now. Mark is or above. There we go. And by the way guys, hit the like button. Make sure to subscribe. Hit that follow button. Hit that you know notification bell if you haven't done so already. We're on the road to 100k subs on YouTube. 100k followers on Facebook. And 200,000 followers on Tik Tok. Hit that hit that follow button guys. Come on. It's free. I appreciate you all for tuning in as always. So, Fintech and finance stocks aside, we had a lot of green in the market. A lot of green, right? We had Netflix recover quite nicely today. Now it's finally starting to break out of these moving averages for the first time since the end of April. Finally Netflix is getting some relief. Now is it out of the woods yet? Of course not. It's not. I mean we're still in this down trending channel on the one year chart. You guys see it on the four hour chart. Now we're trying to break out a little bit. Again, we're getting that relief. But how much higher can Netflix go before it actually tests the top of the channel and maybe gets rejected again. Maybe it goes up another $10. Maybe. But you know, I think we're already getting a bit overbought. Maybe it goes to 80, 85 on this run. Maybe it fills this entire gap. I don't think it'll do it in one go. I think we'll pull back many times before it even gets to the mid high 80s. But it's looking good. That's for sure. And I'm and I'm watching it here guys. I'm not buying it. I feel like if if you were to buy Netflix, you should have done it a couple weeks ago when we were under 70. That was the time to buy. And if anything, if you bought it for a trade, now might be the time to start locking in profits, especially if this thing gets in this window here. I would be locking in gains until we completely confirm the breakout, which we're nowhere near that. For Netflix to really start breaking out again guys, we need to take out at least $90. And again, we're nowhere near that. We're at $78 per share. So keep that in mind. Tesla had a pretty good day today. All these stocks guys, every index in the in the in the US market had a green day. Tesla went up 4% and this is a major spot on the chart. Tesla is testing what? 340? Yeah, 340 was support in the middle of April and we obviously broke through it after earnings. Blah, blah, blah, you guys know that and at this point we're at 340. We're retesting that old support as resistance now and we're also testing, funny enough, coincidentally, the 180 moving average on the 4-hour chart, which is at 340, 350. So, this is a spot where if Tesla actually actually breaks through, we can see a nice push back to the high 300s like that. I think it's going to come actually. Maybe not this go around, but Tesla in my eyes, it's not going to stay in the low 300s, under $300 especially, for long. It's just not. So, that's why I bought more after earnings and I'm just holding on long-term to my position and yeah, we're letting it ride. And with that being said, guys, I don't want to keep you all too long in this video. Yeah, that's it. Let me know your thoughts in the comments, hit the like button, make sure to subscribe like I said and check out my Patreon if you want to keep up with my portfolio updates, my trades, investments. You'll see how I sell calls and put sometimes to make money, to make income. That's what we do in Patreon. Plus, you guys get access to the private Discord that's linked down below, pinned in the comments or go to stasurfas.com/patreon. It's in the bio as well. I'll see you guys in there. Have a great rest of your day.