Get started
Upstart Holdings, Inc.Upstart Holdings, Inc.Upstart Holdings, Inc.

Upstart Holdings, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

UPST trade ideas

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.
NASDAQ:UPSTLong
by cletibals
1
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
NASDAQ:UPST
by PennyStocks101
1
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.
NASDAQ:UPST
by yflaw1018
Upstart bounce off 110 support , I have been watching UPST for a couple weeks now and have had some good trades off of these bounces, Upstart has developed a range that I suspect is indicative of increased WSB speculation mixed with institutional investing and value buying. There are a lot of orders lining up at at 110 _ always confirm with the tape before taking any of my setups as I am an amateur and mainly scalp price action around key levels . Not advice just sharing. Thanks for looking .
NASDAQ:UPST
by sergiogurrola1
$USPT - Gorgeous Consolidation on Increasing VolumeThis chart is looking better with each day that passes. USPT has been consolidating for the greater portion of a month, while consistently testing the 126 level and creating higher lows in the process. Volume has been steadily increasing throughout the month as buyers aggressively and consistently step in after each rejection, leading me to believe that we likely break this 126 level soon. Lots of bullish action taking place in this ticker, it's only a matter of time before sellers get exhausted and we make a large move upwards. Once 126 breaks we likely visit 134, and above that 144. All that being said, stay patient. This trade make take a bit longer to play out than originally anticipated.
NASDAQ:UPSTLong
by FluxTrades
Know your levels of possible actionsIt's very important to know your level of actions, to know what is the price range that a target can fits in. In this example, if you look on the left chart, we had upst that was going up at the open of the market. Its ATR was around 18. It opens around 152.......but but but.... look on the right daily chart >>>> THERE WAS NO WAY THIS THING WAS GOING HIGHER THAN 164$. So while analyzing a stock before the open, you need to know what is the next level of price, so you know if your target (within the atr) can fit inside or not ....so you don't keep chasing the moon for nothing :)
NASDAQ:UPST
by youssHark