Upstart Holdings, Inc., ( NASDAQ:UPST ) the leading AI lending marketplace, has announced its financial results for the first quarter of fiscal year 2024 ended March 31, 2024. The company reported a 24% increase in revenue to $128 million, while total fee revenue increased 18% year-over-year. Transaction volume and conversion rate reached $1.1 billion across the...
boost and follow for more! ❤️🔥 yesterday I took a long near low of day.. why? well the trend support zone and consistent consolidation near or at the support zone which always lead to upside in the near future.
I pointed out every time I saw it happen in recent history, one of my best day trades in a while! 300%+ on weekly calls in a few hours.
now we watch...
UPST is conveying significant net buying / accumulation at the current price range. It is now consolidating at a very strong order block support of 14.0 to 15.0 levels.
Expect a reversal to the upside from this levels.
Multiple weekly higher lows formation was detected -- with the third one being formed this week, a massive confirmation of future price...
If you haven`t sold UPST before the previous earnings:
Then analyzing the options chain and the chart patterns of UPST Upstart Holdings prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $2.27.
If these options prove to be profitable prior to the...
UPST has bounced perfectly from the short zone and should see the continuation of its trend down to the $21 area and below where it should start finding some support there.
Looking for a draw down to 24h CB (26)
Look for an hourly close above said CB, if so
then hold position up to 29 & cut half then let runners
run to PT = 31
Want to see either a pullback to the
top of the PotterBox or an open right
on top (27.63). Here, I'll take next week's 32c.
Be aware of a 27.30 retest. If there is lots of
volume breaking below 27.30, then look short.
UPST is another play that I'm hyped about and that will remain on the WL until it gives me what I want. I've got weeklies open on this but if I need to stop out and reload, I'll do so.
UPST - UpStart would have to move 1000% to get back to all-time highs. That is mind blowing. It is more reasonable to go 100% based on the chart. That is still mindblowing. We will see?
The market punished this one after earnings call. Price just landed on a support zone. Look how it went up from the trendline the last two times. Very aggressively. If you can to speculate open a small position. Or wait for a set in lower timeframes. I'll keep it in my watch list.
If you haven`t bought UPST before the previous earnings:
Then analyzing the options chain and the chart patterns of UPST Upstart Holdings prior to the earnings report this week,
I would consider purchasing the 30usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $5.37.
If these options prove to be profitable prior to the...
Upstart (NASDAQ: NASDAQ:UPST ) Aims to revolutionize the lending industry through the power of artificial intelligence, Upstart ( NASDAQ:UPST ) has garnered attention from both investors and industry insiders alike. However, its recent Q4 FY2023 earnings report has sparked a flurry of discussion and analysis, leaving investors pondering the next move. Let's delve...
I have put a sort of limit behind which you will have a total breakdown.
The stock capitulated since economic data were not great for its biz. They lend money so they lend more money when rates are low (cheap) not when they either go up or remain high.
Ichimoku and anchored Wvap show the base line under which .... bye bye.
Nevertheless is a great stock to trade...
Technical analysis involves evaluating historical price action and volume patterns to predict future behavior. The technical analysis for UPST shows mixed signals. The stock price of UPST is below its 20-day simple moving average (SMA), which is typically a bearish signal. However, it is above its 50-day and 200-day SMAs, which are generally considered bullish...
Daily chart the Upstart Holdings stock is seeking a rebound level (wide zone 35 - 28)
Above resistance, the targets will be 50, then 58, and medium term target 72
MACD indicates correction
So, either new BUY entry at rebound or after crossing the resistance (GREEN) line
A lot of bullish order flow coming in. Entering long on market open on Tuesday.
Please trade at your own risk. This is MY personal trade. I am posting this for educational purposes only.
