# SoFi stock long trade setup with tight stop loss

> A trader outlines a risky long position on SoFi Technologies with specific entry, exit, and stop loss levels.
- Title: SoFi stock long trade setup with tight stop loss · TradingView
- Summary: A trader outlines a risky long position on SoFi Technologies with specific entry, exit, and stop loss levels. This SoFi trade targets $24 from a $16.20-17…
- Keywords: sofi, sofi technologies, nasdaq, long trade, stock trading, technical analysis, support zone, stop loss, price target, business, finance, stock
- Source: TradingView — https://tradingview.com/chart/SOFI/7CAHFrOD-SOFI-long-idea
- Published: 2026-09-15T21:59:39+00:00
- Read time: 1 min
- Topics: sofi, sofi technologies, nasdaq, long trade, stock trading, technical analysis, support zone, stop loss, price target, business, finance
## Risky SoFi long trade setup
A trader is proposing a long position on SoFi Technologies stock, acknowledging upfront that this is a risky trade.
## Support zone at $16.20-17
The entry point sits in a yellow support zone between $16.20 and $17, where the stock is expected to find buying interest.
## Tight stop loss at $15.50
The trade uses a tight stop loss at $15.50 to limit downside risk if the support zone fails to hold.

> Tight SL $15.5
## Price target set at $24
The upside target for this trade is $24, representing significant potential gains from the support zone entry.

> TP $24
## Wait for structure break confirmation
Alternatively, traders can wait for a daily market structure break to confirm the move before entering the position.

> wait for daily market structure break for confirmation
## Key takeaway

This SoFi trade targets $24 from a $16.20-17 support zone with a tight stop loss at $15.50.