$UPST - Trade idea
This will be my one public trade idea for the week. Any others will go up on the cord.
UPST is looking for WAVE A bottom. Possible double bottom already forming now - but I think it makes 1 more new low before reversing. I will be watching for signs of reversal on this name daily for entry.
Two things will trigger my entry here:
1) bullish divergence on all time frames while in between 137 and 150.
2) a breakout over the SECOND TL. I usually draw a channel or a parallel line and alert on the far one because I dont want to buy a fake out
After reversal I think this could get to 200 quick
UPST is looking for WAVE A bottom. Possible double bottom already forming now - but I think it makes 1 more new low before reversing. I will be watching for signs of reversal on this name daily for entry.
Two things will trigger my entry here:
1) bullish divergence on all time frames while in between 137 and 150.
2) a breakout over the SECOND TL. I usually draw a channel or a parallel line and alert on the far one because I dont want to buy a fake out
After reversal I think this could get to 200 quick
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.