$Upstart (UPST.US)$ While the pricing is still strong, perha...
$Upstart(UPST.US$ While the pricing is still strong, perhaps it isn’t a wreck, it hit 400 recently, and now it is at 347, that’s down 53 points, that is down 13,2%. The chart looks weak too, I need it to fall to 300, before I start buying, buying the tiniest pieces and hope it goes even lower. Hope isn’t a strategy, and I do have my core position. As time goes on UPST’s moat gets wider and deeper.
We see a very strong uptrend that hasn’t been shaken until it had that last parabolic leap. Some would identify this as a classic blowoff top. Since greed and hope might be turning my lenses rose` I will leave it to you to decide. The green cup is showing a decided break in trend and the broken line is marking out the first level of support at about 293 to 281. So I was not that far off. Anyway, I want to have cash ready to buy if it does have the fearful selling. The next level of support looks to be 275.
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MT Mei : Will it really drop to $300?
enderspawn : I actually cashed up even more as - yeah, I know this is strictly anecdotal on my part - the news/media is starting to ramp up supply chain problems even more relating it to grocery costs which have gotten much higher while folks were asleep at the switch..