3Wk·

Soil in it ? With SoFi and Nu

What do you think, is the bottom in at $SOFI (+1.77%) and at $NU (-1.76%) ? The last few days have looked quite stable, but I don't know much about charting.

15 Comments

Sansebastian@Sansebastian

3Wk

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

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Sebbster@Sebbster

3Wk

@Sansebastian Thank you.

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Brian@Aktienhauptmeister

3Wk

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

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Sansebastian@Sansebastian

3Wk

@Aktienhauptmeister haha, why beat around the bush 😄

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Brian@Aktienhauptmeister

3Wk

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

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MrBora@MrBora

3Wk

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

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Sansebastian@Sansebastian

3Wk

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

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Kanye-Invest@Kanye-Invest

3Wk

@Sansebastian with Nu even sooner than with sofi or ?

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Sansebastian@Sansebastian

3Wk

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

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Sebbster@Sebbster

3Wk

@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?

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Sansebastian@Sansebastian

3Wk

@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.

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Brian@Aktienhauptmeister

3Wk

@Sansebastian could help 🙇‍♂️🤝😆

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