TradingView
Pokethebear
Nov 11, 2021 10:43 PM

UPST retracement -  Long

Upstart Holdings, Inc.NASDAQ

Description

Publishing my own idea, come to own conclusions.

Fibonnacci says it's retraced and MACD and RSI are near bottom. CCI is at a low and doubt going lower. CCI with other indicators are best to buy at bottom or crossing 0.

UPST earnings a year ago was positive and now $0.60 for QTR, reported revenue is up 3x from a year ago and only double from $125.

Good entry point to not worry about, but fun enough to watch. Too many panic around earnings looking at all the red and green spikes.

Trade active

If retracing down next level to watch is $217.69 and could be a lower limit entry for another half/third as averaging in approach.
Comments
dwjamoney
Really Good Run Down. I have been in UPST since IPO. Have large chunk long... Plus due to predictable volatility, have used as SWING Candida
More