UPST starting to look really interesting after seemingly finding a bottom after selling off post-earnings leaving a big gap to fill on the upside. Big falling wedge on the 4-hour timeframe along with a bullish cypher, RSI is also way in oversold territory. Bollinger bands are squeezing on shorter timeframes and buyer volume picking up. Bullish will be looking for a breakout from this wedge & for UPST to go for the gap fill on the upside (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime
- Falling Wedge - Gap on the Upside to Fill - RSI Oversold - MACD Cross - Bullish Cypher Formed - Bollinger Bands Squeezing on the Hourly Timeframe
PT1- $220.25 PT2- $225.94 PT3- $228.04 PT4- $256.38 + Gap Fill
Doesn't look too bullish today... I wish the gap up to 300 to close the space would happen soon. Lots of people loosing money, lots of people exiting on every pop.