Elliot Wave Analysis on $UPST:
1- Corrective Wave 2 should most likely be completed somewhere in the zone depicted on the chart
2- Wave 2 may not be complete before 17 Mar 2022
3- Wave A, the first leg down of Wave 2, is already stretched enough so the price should reverse to the upside sooner than later
4- Wave 3, which is usually the longest and strongest of all waves has a price target of $750 to $1130. A more accurate target can be estimated once Wave 2 is complete
5- A very rough estimate shows us that Wave 3 should be completed around mid-2024 yielding 5x to 8x if $UPST is purchased at today's price around $140
This is not financial advice, DYODD
1- Corrective Wave 2 should most likely be completed somewhere in the zone depicted on the chart
2- Wave 2 may not be complete before 17 Mar 2022
3- Wave A, the first leg down of Wave 2, is already stretched enough so the price should reverse to the upside sooner than later
4- Wave 3, which is usually the longest and strongest of all waves has a price target of $750 to $1130. A more accurate target can be estimated once Wave 2 is complete
5- A very rough estimate shows us that Wave 3 should be completed around mid-2024 yielding 5x to 8x if $UPST is purchased at today's price around $140
This is not financial advice, DYODD