Shares of SoFi Technologies Inc. ($SOFI) have demonstrated a bullish trend, with the stock price moving back toward its 52-week highs following a pullback after its earnings report. The stock bounced from a secondary offering price of $20.85 and has gained approximately 15% in the two weeks since the offering. Market participants have noted increased institutional buying, suggesting potential large-scale accumulation or "whale" interest. Speculation includes the possibility of SoFi's inclusion in the S&P index, contributing to the upward momentum. Despite some short-term volatility shaking out retail investors, the overall sentiment points to sustained strength and a potential further rise in the stock price.
$SOFI whale accumulation. Coiled spring. 🚀 https://t.co/GQXu2IoyYj
Love using short puts of note in open interest from Hawk Database for targeting weakness buys $ROKU good example long near 80 is up 11 points already https://t.co/CiJ3QNkDmM
$SOFI tested again https://t.co/5gUzmZyhgB