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One NASDAQ Listed Financial Services Stock at Resistance Level: SoFi Technologies Inc

Feb 18, 2025 | Team Kalkine

Read Time :5 min

One NASDAQ Listed Financial Services Stock at Resistance Level: SoFi Technologies Inc — Image source: shutterstock

SOFI:NASDAQ

Investment Type

Large-cap

Risk Level

Action

Rec. Price (US$)

Company Overview: SoFi Technologies, Inc. (NASDAQ: SOFI) is a provider of financial services. The Company, through its lending and financial services products, allows members to borrow, save, spend, invest, and protect their money. It operates through three segments: Lending, Technology Platform and Financial Services.

As per our previous US Daily Report published on ‘SOFI’ on 13^th February 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 14.88, based on ‘’decent fundamental, price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~13.17% since then and attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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Disclaimer-

Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

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