otwa2113

Start her up...

Long
NASDAQ:UPST   Upstart Holdings, Inc
This has the setup to really go, point target = 155 by May 20 (the yellow highlighted date that is covered up (oops) is 5/20).

- target range is 130s to 160s by May 11 - early June, depending on if the price can keep up with time!
- initial/moderate target is 114, which is a statistical adj. target, I'll likely play calls with this as goal target by May 20 (and if I get more, i.e. 130-160, that's great)
- if it falls out of fan off the recent low I'd expect a test of around 64 and would re-eval from there. Need to see how it reacts with market post-FOMC, plenty of upside to be patient here.

Some aspects to note on the side/apart from chart:

- Very heavily shorted this could easily squeeze to target but they need to deliver on this upcoming report
- Irregularly bullish options activity spotted recently with up to $900K sweeps at strikes ranging from 90.00-150.00

Please provide any feedback, especially related to Gann (this is my first Gann idea so any criticism welcomed...

Best,
Bard's Apprentice
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