An 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/news-releases/news-release-details/upstart-announces-pricing-follow-offering)
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.
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/news-releases/news-release-details/upstart-announces-pricing-follow-offering)
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.
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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.