UPST - Bearflag BUT showing signs of bottom
Updated
Rallied 50% from the recent low...and pulled back from the supply.
Bearflag should have pushed price further down today, but it recovered well.
Price action is not all that bearish right now, so bears need to be careful if THIS can manage to stay above 91..
Targets, below 91, 75 (double bottom?), 54
Above 91: 105, 128, 154
Bearflag should have pushed price further down today, but it recovered well.
Price action is not all that bearish right now, so bears need to be careful if THIS can manage to stay above 91..
Targets, below 91, 75 (double bottom?), 54
Above 91: 105, 128, 154
Trade active
Target 2 reached... above 134 could push higher to 165
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.