1Mon·

Soil in it ? With SoFi and Nu

What do you think, is the bottom in at $SOFI (-1.23%) and at $NU (-1.72%) ? The last few days have looked quite stable, but I don't know much about charting.

15 Comments

Sansebastian@Sansebastian

1Mon

So far there is no bottom to be seen in either of them 😉

•

Sebbster@Sebbster

1Mon

@Sansebastian Thank you.

•

Brian@Aktienhauptmeister

1Mon

@Sansebastian As always, short and to the point 😁✌️

••

Sansebastian@Sansebastian

1Mon

@Aktienhauptmeister haha, why beat around the bush 😄

•

Brian@Aktienhauptmeister

1Mon

@Sansebastian sometimes it's enough 🤝 totally agree with you haha

•

MrBora@MrBora

1Mon

@Sansebastian if the daily close is above €13.20 at NU you could go long or?

••

Sansebastian@Sansebastian

1Mon

@MrBora the € exchange rate is completely irrelevant. The decisive factor is the home exchange, i.e. in $

•

Kanye-Invest@Kanye-Invest

1Mon

@Sansebastian with Nu even sooner than with sofi or ?

••

Sansebastian@Sansebastian

1Mon

@Kanye-Invest the dollar exchange rate is decisive for both

••

Sebbster@Sebbster

1Mon

@Sansebastian do you have an example of a stock where you can clearly see where a bottom is forming / or where the bottom is already in? Which program do you use to look at the charts?

••

Sansebastian@Sansebastian

1Mon

@Sebbster I use TradingView. A good example is $DB1
The daily or even weekly chart clearly shows that the €200 range has been touched twice. The last high was €234. This has now been exceeded. This results in a double bottom, i.e. a bottom formation. This increases the probability of rising prices.

•

View all 3 further answers

Brian@Aktienhauptmeister

1Mon

@Sansebastian could help 🙇‍♂️🤝😆

•