Curious about your opinion. What is you're analysis?
What I see: - support on the volume shelf (daily chart) - Volume is rising (daily chart) - support on the moving averages (daily chart) - higher high (daily chart) - moving averages are rolling over - broke the 4 sma on the weekly - support at the all time low on the montly - higher highs, higher lows on the 4 h chart - rising trendline on the 4 h chart - trading at the bottom of the channel that started 26-july, could serve as support - soared 42% over 15 days so it could be an overbought situation
What is your opinion? This is no financial advice.
"soared 42%".... LOL. you sound like MarketWatch or Jim Cramer. It's easy to "soar" when you are at the bottom . Do you know anything about the financial institutions? I have worked for several, and they are very , very , slow to adopt any new technology, especially one based on "AI", which is another marketing term and a fallacy. There is no such thing as AI, we (humans) do not and have not possessed true Artificial Intelligence, however, the news/media/talking heads/marketers have brainwashed the masses , and everyone thinks AI exists. LOL... fknen Moose !!!!!!!!!!
Sawyer170
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I see long term it will recover to either floating around the $100 range or even back to highs and onward...seriously I believe that. due simply to practical usage. it's had year to date 245.31% increase in website growth and 97.98% from last quarter. That means the total estimated visits on all devices. It stayed up and increasing even after the pandemic boom of additional customers everything had experienced. I believe the extreme fear and volatility is the reason why the price is what it is right now and that when that blows over and their is no more fear, I don't think Upstart will just be forgotten about, I believe it will recover past the normal recovering that everything pretty much experiences in a bull market after a crash, such as back to hundreds. Remember they are a newer fintech company that is already profitable! They ARE profitable...already haha and have stayed profitable! without any fear of bankruptcy at all.
StijndeVries
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@Sawyer170, Woah! nice analysis. Your expectation is quite ambitious, I certainly don't blame you. We'll keep an eye on it! On to a new high! And thanks for your comment!