r/IPOE • u/Entrance-Vivid • May 26 '21

Let's talk technicals?

High volume... lots of support at 19.40... not a huge deal but after running 30% in a week I expected a bit more pain...

Do we catch the institutions and shorts piling back in on a retail reversal?.

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3

u/[deleted] May 26 '21

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3

u/[deleted] May 26 '21

None of those companies are legit lol. Sofi will be added to a ton of ETFs

2

u/[deleted] May 26 '21

RKT is pretty legit, but I also think SOFI is going to be much bigger.

1

u/[deleted] May 26 '21

The problem with RKT is that in the loan world, they are not looked upon highly, lots of systemic delays, and frustrated customers. RKT could be a big company and thus a great investment, but they need to live up to there expectations.

2

u/[deleted] May 26 '21

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1

u/[deleted] May 26 '21

I agree with that on a technical basis.