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.
1UPST trade ideas
$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.
strategy for UPST monday 09/27/2021(UPST buy price 330.00)
(UPST sell price 323.00)
strategy: our bullish entry above 330.00 with the break of the high 337.23 with possible profit taking in the area of the double top 346.00. If it breaks the double top and the 347.00 we wait for confirmation to enter again.
for bearish entry: slight divergence between the charts 5mn bearish and 15mn bullish, buy zone at 325.00. if the opening is in the buy zone to go down we must wait for the penetration of the sell price with possible profit taking in the zone of the mv 200 in 15mn
UPST: Clean regressionUPST: Clean regression channel validated with a >10% move to the upside today. Recently received an adjusted PT to $345 from $280 via Barclays and expansion with more banks. Profitable growth and favored guidance supports technicals for continuation here to PT in $340's range. Fun thesis to watch pan out if you snagged this early // Beta: 1.373, ATR: 17.93
strategy for UPST Tuesday 09/21/2021(UPST buy price 296.00)
(UPST sell price 288.00)
strategy: upst is in has a divergence between 5mn bearish and 15mn bullish. for the bullish entry we must see that the opening is above the mv 200 in 5mn. # 2 we wait for the break of the double top 308.00 and touch 309.00, if it opens with gap we expect it to retest in mv 9 or 10 period with morning star candle or hammer always placing the stop on the previous candle.
bearish strategy: we must wait for the opening to be below mv 200 in 15mn, or that there is a price crossing with the mv 200 15mn we must always wait for the best confirmation for the entry
$UPST - Is this just the start?!?!This is a hyper bullish count, but considering what this name has done recently and the massive increase in guidance from management, this is far from impossible.
1) Either we have completed a primary 5 wave structure, giving us wave 1 of the cycle around 300 (in yellow) and will now begin a cycle wave 2 that could take us to between 84-135, before a wave 3 takes us to a mind boggling value of 550-600 (white dotted line)....I don't wanna get ahead of myself, but a full completion of this count takes us to 800+, and more likely closer to $900+. This hyper bullish scenario could play out if Upstart is truly the disruptor it claims to be.
OR
2) We are in a triple nest which is currently playing out with cycle wave 3 (yellow count, but 3/4/5 are not complete yet), a primary wave 3 (red count, w3 not complete yet, targeting ~400) and an intermediate wave 3 (pink count) which just reached its 161.8% target of ~290. From here we could see a retrace for primary W4 to around 235-210, before we reverse for a intermediate wave 5 and head back to ~400 to reach the primary W3 target (red count). The interesting thing about this is, when you take the red count to its final wave 5 target, you end up at 560-600! this is the same range as W3 target of scenario 1.
Regardless of how you count is, you end up at 400, then 600 then 900. The key is, do we hold 235-210, confirming that we are in the triple nest, OR do we fall below 200 and back down to 135-84, confirming that we have just completed cycle wave 1 at 300.
Basically, this is looking like a massive opportunity with buy zones at 235-210 and 135-84. Give this name a couple of years and see where we end up!
BTFD
strategy for UPST Tuesday 09/14/2021(UPST buy price 261.00)
(UPST sell price 259.00)
strategy: if the opening is with a bearish gap, the price will be in the buy zone, wait for confirmation, to buy from that point to the double top. if it touches the sell price it would be changing the bullish direction to the bearish one. If the opening is above the closing price, our entry must be when there is a breakout of the double top and 295.00.
our bearish entry will be below the sell price, and the mv 200 at 15mn giving us a strong bearish signal