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Barchart
Wajeeh Khan

SoFi Stock Is Breaking Below Key Support Ahead of Q4 Earnings. Should You Buy the Dip or Stay Far Away?

SOFI AI SoFi Technologies fintech

SoFi Technologies (SOFI) shares closed nearly 8% down on Jan. 6 after the financial technology company raised about $1.59 billion via an equity offering. 

The selloff pushed SOFI below a major support (100-day moving average), indicating the bearish momentum may accelerate in the days ahead. 

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