strategy for UPST Tuesday 09/21/2021(UPST buy price 296.00)
(UPST sell price 288.00)
strategy: upst is in has a divergence between 5mn bearish and 15mn bullish. for the bullish entry we must see that the opening is above the mv 200 in 5mn. # 2 we wait for the break of the double top 308.00 and touch 309.00, if it opens with gap we expect it to retest in mv 9 or 10 period with morning star candle or hammer always placing the stop on the previous candle.
bearish strategy: we must wait for the opening to be below mv 200 in 15mn, or that there is a price crossing with the mv 200 15mn we must always wait for the best confirmation for the entry
UPST trade ideas
$UPST - Is this just the start?!?!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 takes us to a mind boggling value of 550-600 (white dotted line)....I don't wanna get ahead of myself, but a full completion of this count takes us to 800+, and more likely closer to $900+. This hyper bullish scenario could play out if Upstart is truly the disruptor it claims to be.
OR
2) We are in a triple nest which is currently playing out with cycle wave 3 (yellow count, but 3/4/5 are not complete yet), a primary wave 3 (red count, w3 not complete yet, targeting ~400) and an intermediate wave 3 (pink count) which just reached its 161.8% target of ~290. From here we could see a retrace for primary W4 to around 235-210, before we reverse for a intermediate wave 5 and head back to ~400 to reach the primary W3 target (red count). The interesting thing about this is, when you take the red count to its final wave 5 target, you end up at 560-600! this is the same range as W3 target of scenario 1.
Regardless of how you count is, you end up at 400, then 600 then 900. The key is, do we hold 235-210, confirming that we are in the triple nest, OR do we fall below 200 and back down to 135-84, confirming that we have just completed cycle wave 1 at 300.
Basically, this is looking like a massive opportunity with buy zones at 235-210 and 135-84. Give this name a couple of years and see where we end up!
BTFD
strategy for UPST Tuesday 09/14/2021(UPST buy price 261.00)
(UPST sell price 259.00)
strategy: if the opening is with a bearish gap, the price will be in the buy zone, wait for confirmation, to buy from that point to the double top. if it touches the sell price it would be changing the bullish direction to the bearish one. If the opening is above the closing price, our entry must be when there is a breakout of the double top and 295.00.
our bearish entry will be below the sell price, and the mv 200 at 15mn giving us a strong bearish signal
UPST: Pullback in progress (ON AN UPTREND)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 PT: 262.50
Part 2 entry at the bounce to 276 with a PT of 255
~After we confirm a bounce off 255 support, swing long 3 weeks out
It's Time. Round 2 baby.UPST took my beer money but it's time for the redemption arc. Retest of $200 coming very soon and it will sky drop past every resistance level into oblivion. Weak momentum and True Bearish Divergence spotted. Overvalued? More like Overflowing Beer Money. Let's get this bread by shorting this bread
strategy for UPST THURSDAY 09/09/2021(UPST buy price 277.00)
(UPST sell price 275.00)
strategy: upst is very widespread on the daily chart, and very overbought. our bullish entry will be above 277.00 its XLK sector: + 33.03%.
our bearish entry: if so, we must enter with a strong confirmation since it is within its 52wk high, this entry must be below the sell price, yesterday's closing price and the mv 200 at 5mn. 15mn is heavily overbought.
UPST on pullback watchI like the price action on this name. Had great volume and price movement following its recent earnings report. The name gets lots of love on Fintwit so many eyeballs looking for entries. I don't want to chase so I will be watching the green box for a pull back entry. Would love to see confluence with the trend line and emas. Will post targets later if entry is made.
UPST Short position Not for the weak handedOkay so basically everything on this chart tells me to sell this bad boy short down about 20$ per share at the moment
the 4 hr time frame looks like hidden bullish divergence
but the daily looks like shes about to turn over
there is a divergence with volume and the higher highs
RSI on the daily looks like in can climb more
we just have to see where this takes us been watching for about a month
use stop losses I am currently in an airplane and dont want to pull my day trading app out live up here.....
UPST holding Upst after the results is doing well , i have traded with this stock many time in and out , last 2 month i sold it at 191 and then goldman sachs upgraded the Stock , I’ve been riding the Stock from 100 and now its 242 , still I’m holding big quantity , recently crossed the line and stock need to rest little , look at the support Area ..
This chart was made two month ago but I didn’t published anywhere , but now I’m sharing this to idea for other to understand how you can build your strategy and keep truck of your stock performance.
I’m a silent CFA analyst person certified for global market , Dont like to publish anything :)
Good luck