Sofi Technologies stock price is facing resistance near $8.00, with technical models suggesting a retest is imminent should volume exceed the weekly average. Growth forecasts remain intact given robust member acquisition trends. With SoFi stock soaring in the past six months, the valuation isn’t as compelling at first glance. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Bitcoin. The Motley Fool recommends Kraft Heinz. The Motley Fool has a disclosure policy . Market participants note rising institutional interest, with Q1 reports expected to reflect improved net interest margins due to easing funding costs.
