UPST - Ready To Reclaim All Time HighUPST - Bullish reversal .Broke the falling wedge.
It may reclaim the ATH Soon .
UPST trade ideas
UPST possible pullback, regression channelHello everyone! UPST is now in the resistance zone of this regression channel in the daily chart. I think we can experience a pullback to the $340 in the upcoming weeks. Remember that the trend is your friend, that's why I'll not short UPST for now. NASDAQ:UPST
Not a financial advisor. Just my personal opinion. Enjoy your weekend.
UPST - 10.24.2021UPST has been on strong uptrend, displayed by the expanding EMAs..
Falling wedge on daily to the 21 EMA, and previous ATH breakout area (Prior resistance = future support)...
Can be seen more clearly on the 65min or 195 min chart...
Use a breakout out of the falling wedge or 350-354 area as your entry...
Risk = 336-345 area...
UPSTHere is my preferred count on Upstart, however, where Wave 4 of C ends is harder to predict, anywhere from $280-336.
Another pattern to consider is the 20 MA has been a strong buy indicator, so I will be watching that level of $332.
UPST Projections.These aren't accurate to time but to patterns visible on the monthly and weekly time frames.
UPST is following the Elliot Wave cycle and so far, Wave 3 is in the extension zone. I project a completion of the extension into earnings and a retracement for wave 4 anytime after that. Once that retracement is done, wave 5 will push us even higher. My current timeline is between now and 08/2022 for the cycle to complete.
Always do your own DD and pls add any corrections or comments to this thought.
Probably A Little ExtendedUpstart originated $2.8B in loans this most recent quarter. The current valuation assumes annual originations of well over $120B annually.
If you own Upstart, you are assuming traditional banks willingly cede loan originations to this company, and that Upstart originates ~18% of ALL PERSONAL AND AUTO loans annually. Both of the above are outrageous assumptions.
Also, from a technical standpoint, this thing is as overbought as they get.
Tough to short via puts, and man is there risk in short shares, but the bat seems REALLY high on this setup.
UPST- CUP pattern break out
Broke up the Cup pattern .
MACD - Bullish. Wait for the Follow through day.
Upstart Move UpdatedThis Basically shows the potential for the Upstart to boom above $400, as it is in an uptrend for long-term holders. In my opinion, one more dip to $325-$330 will be there and if it won't go below that level of support then it will go up for a restest at the level shown. Even if it breaks below that will be for the short term, so consider it as an opportunity to buy. just an example.
UPST: Continuation UPST Bull Case. Strong price action over 20ma, 50ma; Preserving oscillation in channel from lower deviation. Momentum indicators favorable for auction higher.
Upst inverted H&S This was one of the fastest corrections to take place this fall. Now, Looks good to heading back to ATH at 346
Revised Target UPSTShared this when it was $195 and looks like we still have more upside on this. Break of $346 will take it above $400 before having a meaningful correction.
UPST - Symmetric Triangle Break outUPST - Symmetric triangle break out . waiting for the follow through day.
Bullish above > 346.63
MACD curling...
Upstart ShortInterest rates rising will kill business like upstart on both the fundamental and technical price level. Egregiously overvalued.
$UPST Hight Tight Flag SetupYa I see $UPST and so does every kid with a trading account
Anyway - here's my take:
* High Tight Flag
* Vol pattern looks incredible & too perfect
* Today tight candle and vol drying up to its lowest since earning gap
* Best scenario? Market pulls back next week & $UPST tightens more
DMT ChartThis chart is intended for DM Tribe members.
This allows you to see which Simple Moving Average the closing price is following.
Per our rules, a stock is following a SMA when it closes above it for 10 days or more.
Once the stock breaks the SMA is following, ie closes below it, you can sell the remainder of the stock.
You don't need to follow this rule until you've already sold half at a profit.
UPST long ideaA few different patterns are forming to the upside.
I like the $327 as a pivot to the upside,
It has been holding well despite of market weakness.
Keeping this on the WL
UPST 📉Upst may be at the end of its road.
Broke out of a massive ascending triangle (Whitelines).
Has been in a uptrend (Yellow lines) ever since. RSI is curling over but manage to Bounc off channel and fib support today. Look for a short entry below 300
$UPST on 10-day supportBig test today for $UPST to see if it will bounce off the 10d.
Love this stock long term.
