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Will_Wong
Nov 20, 2021 6:56 AM

UPST: The sharp correction following the last ER is still in  Long

Upstart Holdings, Inc.NASDAQ

Description

progress. Wave A is expected to hit the bottom channel at around $192, a little past fib 50% but well shy of the fib 61.8. Wave B at fib 61.8% of A should fill the upper gap. Wave C could hit the larger fib 38.2 or the bottom channel line.

Comment

Wave A was a little deeper than originally counted but it is finally done. Wave B has been in progress the past two days. A short opportunity would present itself at the top of B.
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