UPST - Weakness is worrying

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  • Weakness relative to the strong rally in other growth names should raise some alarms for investors.
    [*} showing signs of a developing H&S pattern...right shoulder in progress.
  • I'd watch the 3 day candle closing on April 01. If it doesn't close above 118, it'd indicate 9EMA rejection and further downside to follow.
  • I am long at 106, with B/E stop loss. below, 94 is possible. Not saying it will happen, but keeping mind open to anything to come.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.