UPSTD trade ideas
UPST - Don't PanicAn UPST Selloff that has lasted three days June 8, 9, 10. Fears were caused due to the lockup period which ends June 14th. A Crazy Q1 has lifted UPST to the heights of $190 in early June.
The realistic expectation is that this stock wont fall below $120 due to the offering which closed April13th. In addition to a second "mental" support at $100. (ir.upstart.com)
UPST despite the multi-day losses this week still looks to be trending upwards in the long term. Buyers should treat this as an opportunity post lock-up.
$UPST Bat pattern, Watch nq futs**Guys wait for bullish price action in prz/trigger zone, ie, pin bar, engulfing candle or inside bar, small tf harmonic or 2-618, also watch NQ futures slide this will fail and fast,
Goal is to get small stop loss (low risk) entry via price action above and get tp1 and get stop to break even, enjoy ride🙏
$UPST Opportunity of the week with High Volatility High volumeGenerally bullish and started to weakening - Possible we can see breakout above 165 and that will lead to 180-190-218 levels and from others ide possible to form top on Monday or Tuesday forming double tops bearish pattern targeting levels below 80 to 65 . Its almost doubled into last 7 sessions from 80 to 153 . Historically its like to correct 50% after bulls run.
$UPST Bull Flag Breakout-UPST has been consolidating since its massive power earnings gap and go. This inside consolidation has allowed for accumulation of liquidity.
-First sign of a bull flag breakout with MacD crossing over bullish.
-Levels to watch are 119 which is good for long entry with targets of 140, 160 and above ATH.
-Trade invalidated if a daily close under 113.
-Daniel Betancourt, OptionsSwing Analyst
Bullish Descending Triangle Broke out today on increasing volume. Fib targets are there I green
Mac-d golden cross
No resistance on RSI
$UPST. Smart vs Dumb 💰, Which one are you ?Harmonics are based off herd mentality and human psychology, when someone claims they do not work it is simply bc they can not figure them out. Without a doubt nothing touches them or even COMES close tbh. But keep buying dips, We buy your stop outs🚀 and sell back to you when you realize it....
LEARN PATTERNS AND STOP BUYING BS PULLBACKS, STOCKS ONLY GO UP 🤐 KEEP THINKING THAT, WE LOVE 💰
$UPST Technical Analysis$UPST made a push for that 118.62 but rejected that resistance then bounced off that 104.09 support. Using fib levels for my support and resistances here. They've been working well as price action has reacted once it got to these levels.
$UPST Gartley Pattern Levels 👀 **UPDATE Paying 💲💲Hey guys, update from private, $UPST working great, this was posted to my twitter i had no ideas left to share on here, sorry
PATTERNS & PITFALLS #1
The market is designed to make you fall into traps, and make you doing things. By nature, we tend to overcomplicate things and trading is one of them. As in coding, the best way to code is to Keep It Simple Stupid (kiss).
One of this thing is what i call “The Home Runs Chaser”. A large majority of retail traders, slowly tendto look everyday for a stock heading up to the moon. Why does this happen? How we slowly enter into that thinking process when we start trading?
So you start trading for few days or few weeks, you see a stock on an uptrend and you go long, take money and then you see the stock going up fast after you exited, what do you tell yourself?
“Damn it, i should have held it a little longer, if only...”
And then it happens a few more times, and BINGO you’re in it, you’re in the trap designed by the stock market:
- You start looking everyday for home runs.
- Now you have the “win or loss” mentality
So you allow yourself to lose it. You see gains but you’re focusing on the holy grail, the holy target!
LOOKING FOR HOME RUNS WILL LEAD YOU TO NOT GETTING PAID !!!
Plus it will frustrates you a lot because most of the time, you won’t have the home run.
=> We must enter the right way of course, as usual, BUT BUT BUT, we must take quick wins when it’s on our side.
=> Sometimes we have low wins when the stocks have low momentums and sometimes big wins if they are big.
But at every trade: you should take partial profits along the way.
Exemple: you enter long in stock XYZ at 20$ with 100 shares. Your target is 22$. Instead of waiting the price to reach 22$ to sell your 100 shares, what you should do is to take partial profits. So at $20.49 you sell 25 shares, then at $20.99 you sell again 25 shares. If it goes over 21$ then you wait for the price to reach 21.30 to sell again 25 shares BUT if the price goes back to 20.50, just sell 25 shares to secure a bigger win. The remaining of the 25 shares are sold at ~ $21.97 in the case it goes up, or sold
at ~ $20.20 if the price drops.
That’s how you secure a win and not let the trade goes against you.....
And if you have to leave your computer, just use the trailing stop with an ok spread between the price and the stop just not to be stopped too quick if the price moves down a bit before going up.
$UPST Technical Analysis$UPST bounced off key $89.55 Fib level last week. $118.62 is the next resistance.
Nice Run. Time for pullbacks. Greetings All,
UPST has seen tremendous appreciation over the last few weeks, after releasing its first earnings report. Nevertheless, the technicals indicate retracements ahead, likely around the 50% area ($110), which coincides nicely with the 20MA. This is apparent with the breakout below the symmetrical triangle formed on the daily. The MACD also confirms this pullback with a bearish crossover on the daily. I'm actually targeting a 61% retracement ($96) in the coming weeks.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Exercise your own due diligence.
$UPST Technical Analysis$UPST Key Levels
Supports:
- $104.09
- $89.55
Resistances:
- $118.62
- $136.60
- $165.66
$UPST For follower $UPST is bearish, after offering, it had perfect trend line break and inside bar short today (came up on short scanner all times frames from yesterday afternoon through today on TC2000) you want that smaller Gartley to hold if your long, i would not suggest new position, 20 day is key to stick, loses that 50 day should happen, careful if long. I left last ABCD pattern, that shot up 300% from trigger no mae, see my last $UPST ABCD pattern plan in my charts history search bar. Hope this helps, but it is not signaling long to me unfortunately,
$UPSTLooks 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.
Take Profit UPST now ? or NoWhat 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
New HIGH PerformerUPST, 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 bounces to the last resistance, which is the new high resistance.
We could also see that the next to last candle, was a red one closing in the middle with pretty high volume, and the last candle (which is the important) closed in the low end of it with no volume at all. This shows how buyers sold their shares, as for the moment we only have the momentum of the stock, not the supply acting.
If you were up to date, you could have entered in the first and second pullback if you have an aggressive approach, getting some great benefits.
But for the more conservatives, we can expect this stock to give the last positives profits of the week, as we expect it to form an AR (wyckoff) giving us a new support were we can enter.
Hope you have a great day.
