Hello everyone! UPST is now in the resistance zone of this regression channel in the daily chart. I think we can experience a pullback to the $340 in the upcoming weeks. Remember that the trend is your friend, that's why I'll not short UPST for now.NASDAQ:UPST
Not a financial advisor. Just my personal opinion. Enjoy your weekend.
Comment
⋅
Nice pullback, if you bought puts on Friday you should be $500+ lol.
Trade active
⋅
Hello guys, great 336 bounce. II bought some calls at 10.50 (strike 367.5). I'm right now -13.81%. My stop loss is at -30%.
This interesting. Will it make another run to 400? Will it break and hold above 400? Or will it get rejected. So far it has broken many key levels, will it continue to do that with 400? Is UPST the disrupter that they are claiming to be? We will see. Great analysis.
JoelCupeles
⋅
@franchise10, I think in the long-term it will break the 400. Maybe we see some consolidation in the 360, UPST reach today the regression line, good support zone.