Looks like $UPST is tightening up. Volume is drying up. Ready for breaking out of the high tight flag soon? We will see. I've had a 1/3 position buy at $140.35 on 01/April.
Retracing from 50 Fib and finding support on 6.18, hope it will continue on this channel.
What happen with USPT on next week? You want to hold it or set stop loss now. Look at on the chart, base on the chart and my tool I will set stop loss on Monday
UPST, is a new high performer getting too high for its range, but if we look in the chart, we can see that there is a first pullback, a second pullback and now we it looks like we are onto the third one, as we know, these kind of one time runners, pullback only three times at its best conditions, being the third the riskier one, this third pullback usually only...
Short term i'm bearish but long term i'm bullish
See chart for price reversal zone, chat rooms got loaded in this 60's-50's bc Cathie Wood was buying, hilarious they check everyday to see what she added and feel ok even down 20% plus. Horrible idea, if your furu plays this game run!
bounced off previous resistance which is now support, rsi dip entry and trend line support. target 100 in the short term and higher if 52w highs break!
Megaphone pattern. It's an IPO so it can reverse at anytime. Today it did not disappoint
Upstart got nice price upgrade for 57$ with buy ratings from some analysts. which help push it to 63. tomorrows channel top will be 65.76 (Greenline) , if it can't break thru expect a break down which typically is what happens in rising wedge patterns.. Breakdown targets are Redlines
So Upstart looks like a really exciting company. Ex OG google brain started up this AI lending system that beats out traditional models by a lot. I like the team, I like the idea, and it's performing well. with already close to 200% up from it's IPO price though, I'm weary to jump in. Market cap is at 4.5B which is a little high for me cuz I usually target small...