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.
These aren't accurate to time but to patterns visible on the monthly and weekly time frames. UPST is following the Elliot Wave cycle and so far, Wave 3 is in the extension zone. I project a completion of the extension into earnings and a retracement for wave 4 anytime after that. Once that retracement is done, wave 5 will push us even higher. My current timeline...
I believe one of the best indicators to watch is Volume Price..! You should try to invest where money flows in..! In trading and investing your mantra should always be: Follow the money..! I believe stock prices only go up when there are fresh players who bring money to the play, regardless of the quality of the underlying asset! One of the most important duties...
Scalping lvls here for AFRM .. if market sentiment was bullish I would believe this would breakout to upside but am skeptical with how market is digesting currently. Therefore here's both sides to this hot name. Break above 115 - > 119 Break below 106 - > 100 - > 96
A few different patterns are forming to the upside. I like the $327 as a pivot to the upside, It has been holding well despite of market weakness. Keeping this on the WL
This is a hyper bullish count, but considering what this name has done recently and the massive increase in guidance from management, this is far from impossible. 1) Either we have completed a primary 5 wave structure, giving us wave 1 of the cycle around 300 (in yellow) and will now begin a cycle wave 2 that could take us to between 84-135, before a wave 3...
$UPST is very overbought on RSI, I would actually expect it to come down in the short term or trade sideways for a while, but this is definitely a long-term hold for me. #Investing #Trading #Stocks
almost a 62% retrace here in Wave 4 so starting a position here for what is expected to be a wave 5 towards 270-278ish. Will follow the white curve on this one for Stop loss. Looking for 6-12 month out 130/140 Calls.
August 2021, was one of the best months for me. While Major indexes (NASDAQ, S&P 500, Dow Jones, Russell 2000) gained between 1.5-4 %, I had 8 analyses with a 10-73% gain in one month, those which hit stop loss made 1- 4% loss..! I also trade BABA option twice and close them with +180 and 100% profits..! and had 2 unsuccessfull trade with -30% loss (use 3% of my...
UPST: pullback in progress ~Ever since it opened in feb at 44 bucks, it has been growing fast and is at 270 rn ~The uptrend we are in now is in the midst of a pullback and is a good replica of the one on Aug 18-20 ^^Support zone 1 at 260-263: should bounce here to around 276 resistance before going back down to a PT: 255 ~I would play puts in parts Part 1 with a...
UPST took my beer money but it's time for the redemption arc. Retest of $200 coming very soon and it will sky drop past every resistance level into oblivion. Weak momentum and True Bearish Divergence spotted. Overvalued? More like Overflowing Beer Money. Let's get this bread by shorting this bread
I think UPST will go up in long term, but in short term i am expecting a correction as it is currently at resistance levels. So i think selling now and buying at lower levels (around 200) can be a great idea.
NASDAQ:UPST Upstart might fall to $190 to $195, It is Hitting its upper channel, Volume decreasing, RSI & price action indicating bearish divergence, MACD signaling bearish crossover. Buying puts for next two weeks, depending on tomorrow's price action.
Sorry to be quick but i am trading short on UPST overshot overblown
Holding up strong here with good volume. Watch for a breakout of this channel as it closed at the top. I personally would wait for a close above or retest before going long.
With this analysis I notice that UPST always seems to top out as indicated in the upper trend line in orange. Looking for a bounce off the fib line around 218 to start it's quick journey lower. On average we see about a 30% drop when this occurs. Watching this closely for entry as it's been getting a lot of positive headlines and they recently increased guidance....
A newly IPO-ed company that wasted no time in surging almost 10X in less than a year! Although it is still very preliminary to say if Upstart will continue it's uptrend, the recent gap and surge confirmed with strong volume seems to suggest it will. With that, we can look for better entry since price is currently already near the upper channel. There's a couple...
Upstart needs to stay above $112.85, and cross $128 and then $135. If it can clear $135, $142 and $150 aren't a long way off. Invalidation level is 105.58....below that level, it wave 4 would have crossed the wave 1 high invalidating this count. My final target is ~265, but that's still a long way away i believe. The above mentioned levels are the ones to...