@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.70
Analysis
283
Correct
118
Fail
153
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
SOFI
Short Entry
25.4900
2026-01-21
04:35 UTC
Target
23.7600
In 1 Weeks
Fail
26.5000
Risk/Reward
1 : 2
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Final PnL
6.79%
P/L: —
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The market, including SOFI and QQQ, is currently experiencing significant bearish pressure. SOFI has broken down from a pennant structure, rejecting previous support now acting as resistance at $26.31. The price is heading towards $25.10, and if that breaks, the next target is $23.76. QQQ is also showing a strong downward trend, having gapped down significantly and rejected resistance at $616.04. It is eyeing support at $603.61 and potentially the psychological $600 level. Both assets are in a bearish position, with sellers in control.
