TrendyCharts: UPST Breakout Holding up strong here with good volume. Watch for a breakout of this channel as it closed at the top. I personally would wait for a close above or retest before going long.Longby Trendy-Neck0
UPST: 3 for 3 on 30% Pullback? - Standing by for entryWith this analysis I notice that UPST always seems to top out as indicated in the upper trend line in orange. Looking for a bounce off the fib line around 218 to start it's quick journey lower. On average we see about a 30% drop when this occurs. Watching this closely for entry as it's been getting a lot of positive headlines and they recently increased guidance. I think the valuation is quite rich though and a pull back is needed to continue higher. Will look to enter puts on confirmation. Shortby NijjUpdated 1
$UPST - At major resistance level, RSI over bought$UPST - At major resistance level, RSI over bought, watch for pullbackShortby SrjInfinity3
$UPST (UPSTART)Strong ERs Report boasted price action beyond expectations. Super High on DAILY RSI. MACD Extended. double inside down candles on 4hr Chart should see this return to support. Price Target on Entry Aug 3 21 175Ps 1.20-1.50/contract. Price Targets: 1-$195 2-$185 3-$175Shortby KennyTrades52111
It's time !Weak momentum upwards hit previous tops, bearish divergence formed. Need to test previous levels as momentum heads downwards. Price will move faster if overall market sentiment is bearish positions : upst 185pShortby sangsinUpdated 112
UPST: "Is Upstart right for you?" Requested by leeterry2020A newly IPO-ed company that wasted no time in surging almost 10X in less than a year! Although it is still very preliminary to say if Upstart will continue it's uptrend, the recent gap and surge confirmed with strong volume seems to suggest it will. With that, we can look for better entry since price is currently already near the upper channel. There's a couple of ways to go about this. 1) Wait for a pullback to $165-180 area as there's support drawn from the 1H chart. Or 2) Wait for price to drop back to the bottom of the channel. Either way, we will have to reevaluate again if and when it pullback. Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like me to analyze, feel free to drop me a comment.by leslieyimsm0
Stocks To WatchThe Market's longer term uptrend still intact. Big earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 21 total stocks on this list and 3 short squeeze candidates. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!Long19:38by Jtacher515520
$UPST - W3 of W3 of W5? Upstart needs to stay above $112.85, and cross $128 and then $135. If it can clear $135, $142 and $150 aren't a long way off. Invalidation level is 105.58....below that level, it wave 4 would have crossed the wave 1 high invalidating this count. My final target is ~265, but that's still a long way away i believe. The above mentioned levels are the ones to watch for the short term. Watch for a bounce between 116-120. TL;DR: PT1 = 135 PT2 = 142 PT3 = 150 SL = 112.85 Inv = 105.58Longby ir-rizzleUpdated 1
A review on the bright side of the August!I have published a few analyses that need some review!: Longs: UPST PLTR SOFI COIN AI Shorts: TWTR MRNA NASDAQ:TSLA NIO by Moshkelgosha116
The Art of Technical AnalysisI want to share my previous analysis on NASDAQ:UPST and make it public: August 2, 2021 I do not trade stocks before earnings but risk-takers could benefit from this potential 25-47% move..! stop-loss 18%. by Moshkelgosha4411
UPST: Definitely a Multi-BaggerUpstart Holdings operates a cloud-based artificial intelligence (AI) lending platform. The company aggregates consumer demand for loans and connects it to its network bank partners. Levine (1997) postulated that financial development contributes to economic growth. Financial development takes place when (1) the range of financial products broadens and (2) the accessibility of financial products improves. Upstart happens to plug this gap by increasing accessibility of loans to consumers, while at the same time reducing default rates (less people will run on the loan, less risk is taken). The management team of Upstart is impressive, with an experienced CEO, a brilliant whiz kid and a solid operational genius. I believe that they have the drive, capacity, and the audacity to make this work. The company also has a wide moat with its unique automated lending AI model – it takes a long time to build something like this and Upstart has managed to make it work. If Upstart's algorithm is being updated and improved constantly, the company could become the Google of AI lending! The company is obviously massively overpriced with a forward P/E of about 200 times. However, that is usually the case with most innovative multibaggers (see Facebook, Amazon, Google), they are almost always overpriced. The share price has recently retraced from its high of $191 and is consolidating along the 50-day moving average. Given that it is forming an ascending triangle pattern on lowered volume, I would buy on the break of $130 as a trade or start accumulating for a long-term position. Longby cletibalsUpdated 112
UPST At Major Intersection, Now What?UPST has been chugging along since IPO. It hasn't been smooth sailing but every major drop has been greeted with the next drop putting in higher lows. Doing a little Fib retracement revealed some core levels as well as helped outline the latest high-traffic area. It finally broke back above the 382 fib level at the start of the week and held it as lower support for the first time since May. Before this UPST was rejected for the last week at the 382. Obviously the news catalyst helped a lot in post market trading on Aug 10th..so now what? This gap up has firmly set UPST above the 236 fib level, it has only traded in this area a few times previous but hasn't managed to hold it as support for a meaningful amount of time. BUT since it's here, the hopeful are looking "up" ... maybe in the sense of optimism but I'm talking about more in the sense of levels and wouldn't you know it, right around $166 has been a hairy level for the stock. It hasn't failed at this level once or twice but 6 out of the last 7 times tested (yes I missed a circle the day it spiked to ATH). With the positive news and clear retail interest, this could be an important level to watch (along with maintaining the 236 fib area as a new support) heading into the rest of the month (for now). One of the best performing industries over the past few months has been in tech stocks. The landscape has drastically changed thanks to the pandemic. Many companies have shifted their tech strategy to move more things online and to a virtual platform...Everything from entertainment to sports has seen this become a factor. In this article, we’ll take a closer look at a few tech stocks to watch in August that fit this mold... Continue Reading by PennyStocks101111
Possible Earnings PumpSo here's what I'm seeing with UPST. The last 3 days have had decreasing volume in the candles with longer wicks at the top, so I'd expect a bit of a pullback before earnings. It's broken past it's long held resistance and with a history of earnings uptrends I could see it taking off after earnings. The MACD is looking good for a run too.by dtomasino5221
$UPST Looking Strong Into Earnings. NASDAQ:UPST Has started the week strong, already up over 5% on Monday. This price action has broken previous resistance as well as the 50% retracement. I am also watching this as a longer-term inclining wedge pattern, so I am anticipating a move to potentially around $170 if people like the earnings report. Good Luck!Longby Investor4321113
UPST: 32% on UpsideUPST has been consolidating for quite a while and it has finally formed a nice bullish uptrend with a wedge, thanks to great earnings results. A hard wedge resistance at $133 might be able to breakout when volume comes into play, while meeting up to the next resistance at $146, marking a 7.82% of upside. UPST price action respects the strong bullish trend line and keeps bouncing at a higher low. If the momentum persists, in mid/long term, UPST will rally up to $170, 33% upside. Risk and Reward is worth looking out for. This is a great fundamental and technical play for UPST that uses Artificial Intelligence to determine the creditworthiness of consumers. UPST expanding growth with more bank partners such as Customers Bank will only strengthen their position in the disruptive industry. Also, moderately low of Price/Sales of 34.53 makes it better on the profitability. Upstart is just getting started on bull trend as it is expected to be profitable this year. by yflaw10186
UPST on trendline. good entryUpstart riding trendline. Long it. If you don't know about this company Google it. The old Google president left to build this company and they have been killing it since launch at the beginning of the year. by lillybearUpdated 3
UPST breakout above 134Chart, resistance at 133.98. be patient it was pushed hggfhgf [ Longby TradingWithAli110
$UPST on watch here for lower Channel bounce stuck between 0.618 and 0.5 FIBs consolidating .. ER Coming up Long as long as it maintains to stay above 0.5 FIB or 107.25Longby TonyStonk3
UPST LongLooks great for a long term play.. 1 year + hold. Although this one may run all the way back towards last ATH in a shorter manner of time .. but its always great to be ahead of the market when it can move at any moment it wants Have a great day guys ! Follow for more charts , msg me anything ! Longby tslatrades0
UPST forming a Ascending Triangle UPST has had a great year. This could go up for a long swing idea. Looking to see how it moves and will look to enter by Francisg12342