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UPST

UPST - Better short term price action among the peers Rejected 4H ATR as expected. If it can hold the recent low of 75, I'd expect this name to lead the pack. Long term I am very bullish on this name...what they do is the future with literally sky as the limit. at the risk of being ridiculed, I expect this to be a trillion dollar company in next 10 years. ONLY 4 american companies have managed to achieve that feat, so a lot needs to fall in place for that to happen. Below 75, capitulation(?) move to 45 is totally possible.
NASDAQ:UPST
by CheelooTrader
2
Upstart crumbles making new lows. Will it bounce?Hi everyone, Today I will demonstrate another example of a catastrophic dump in growth technology stock. This time we are taking a look at Upstart NASDAQ:UPST . The stock IPOed in December 2020 and I still remember the hype created around it. In August 2021 it started goind parabolic. Classic growth IPO stock. The entirety of fintwit community seemed to hold this stock in their portfolios. Everyone was boasting how their YTD return is 80% thanks to Upstart performance. That's when you know it's time to get out. NASDAQ:UPST topped in October 15. The stock was valued at 420 times earnings. It's price fell 72% in three months. From 401 all the way down to 111 . Even after 72% fall TTM P/E ratio of the stock is 113. Now, the question is will it bounce ? The stock currently is in a very steep downtrend, which will be broken easily, once determined buyers step in. Thus far, they are nowhere in sight. Since the IPO by far the largest portion of volume traded occurred in 122-137 price range. In order to rebound we need to see acceptence in this area. Otherwise, look out for these levels below: 103, 81, 43. Please let me know what are your thoughts on a current state of the tech sector. As always, trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise
NASDAQ:UPST
by AyBe_Invest
1
$UPST: Long way down...I think $UPST is poised to fall hard from here, for a good while, back to the start of the crazy uptrend we had since August 2021. I've personally managed to capture a great upside trade, and now moved into speculating on the downside here...I've shared these with my signals service clients in real time, and also commented on it in the Key Hidden Levels chatroom here. There's a chance the company's business model is fraudulent, and it had an unbelievably crazy upside move recently, which strikes me as a bubble that is bursting. I am not seeing a rational way to justify the valuation it commands and it has a weak to non existent moat when compared against $SOFI or other lenders...Using AI as a buzzword isn't a good enough reason. Their default rates could end up being much worse than they anticipate based on their models too. Anyways, from a technical perspective, this is a good chance to short the stock given that the weekly uptrend signal that predicted the rally the stock had has expired, and it implies a potential move back down to the start of the trend if weakness ensues. Best of luck! Cheers, Ivan Labrie.
NASDAQ:UPSTShort
by IvanLabrie
8
Upstart truns to Downstart???Review Upstart chart is highly recommended! You can learn most of the technical rules in this chart! But the most important thing you will learn is: Market sentiment and price pattern are more important than the fundamentals! While the fundamentals of this company became better and better, the price crashed more than 60% in the past few weeks! Looking at my previous analysis could be interesting for you! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NASDAQ:UPST
by Moshkelgosha
7
SPY - AT THAT AREA AGAIN...DIPS MAY DIP EVEN HARDER BE CAREFUL*** I know it's so tempting to jump on option calls for PYPL/UIPST/BIDU/ROKU and many many other huge dips that are 100% undervalued. BE PATIENT. These are selling off so fast and hard when you time this bottom correctly trust me they will blow up for at least 100% in options. Don't assume just because they are undervalued and dipped that SPY cant take a nose dive here to 450-440 and take them further down. Be patient.. WATCH THE MARKET FIRST. Don't get faked out on a tiny bull run for one day that turns up being a huge negative move. All, I think we are reaching once again that retest area. There are two arguments here. One that both of these resistance lines have been tested way over 4 times. So in theory eventually dip after drip these break resulting in a breakout and usually a good one. However, for obvious reasons we have pre pandemic, possibly a new one especially in EU right now, already over saturated market, FED news. etc etc I mean negative list goes on. So once again here we are restesting a previous failure. the previous small dip was the first support break and now coming all the way back up retesting it some more. Given holidays, world news I am not necessarily bearish yet. I am actually wanting a huge bull move again because there are so many dipped stocks.
AMEX:SPY
by DigitalData
9
Is $UPST ready for breakout?After a beautiful bull run now $UPST getting correction. Need to breakout falling wedge for reversal. Mentioned in chart about reversal met support now $206 want here to create a base for reversal. If it misses to hold here next big level will be $191 support level. Good earnings and good growth in revenue stocks to be holder for long run good returns but don’t chase it in down trend let it settle down a mentioned base and start making reversal uptrend.
NASDAQ:UPSTLong
by Bing4all
DIPS YOU HAVE TO WATCH - DKNG/PYPL/UPST/BIDU/NIO/ROKU/FIGSAll, BE PATIENT. Let the market do it's thing and get conformation. There is ALOT of money to be made here if you are patient with call options. I see ROKU/PYPL as immediate buys once market turns around. UPST as well but not tons of support. FIGS id watch every 30m this one is positive ER really undervalued here on serious support basically a wedge. I like FIGS if it holds or breaks below id watch that even more. FIGS whenever it fully stops I will probably take.
NYSE:FIGSLong
by DigitalData
2
UPST retracement - Publishing my own idea, come to own conclusions. Fibonnacci says it's retraced and MACD and RSI are near bottom. CCI is at a low and doubt going lower. CCI with other indicators are best to buy at bottom or crossing 0. UPST earnings a year ago was positive and now $0.60 for QTR, reported revenue is up 3x from a year ago and only double from $125. Good entry point to not worry about, but fun enough to watch. Too many panic around earnings looking at all the red and green spikes.
NASDAQ:UPSTLong
by Pokethebear
1