Analyzing the market at the end of the trading day can offer a calmer, less volatile environment, allowing you to think more clearly when scanning for market opportunities. The StockCharts Technical Rank (SCTR) Report is usually a good place to start, as it lists top-performing stocks in different phases of their respective trends. As Wednesday’s market session approached its close, I checked the SCTR Report on my Dashboard. While some stocks have consistently cycled through the top 10, others, like the fintech company SoFi Technologies, Inc. (SOFI), are relative newcomers. FIGURE 1. SCTR REPORT FOR WEDNESDAY DECEMBER 11, 2024. SOFI is sixth from the top with a SCTR score of 99.3.Image source: StockCharts.com. For educational purposes. SOFI is a fintech company founded in 2011. Its appeal lies in its rapid growth (and growth potential), user-friendly digital platform, and focus on younger, tech-savvy customers. Since going public in 2021, the company…
