Hi traders,
Looking at Upstart Holdings (UPST), we can see that it has formed a descending triangle pattern over the past few months.
Based on Upstart Holdings' recent strong performance and positive market sentiment, there are compelling reasons to consider a long position in this stock.
Recent developments such as partnerships and expansion efforts highlight Upstart's potential for continued success. As the descending triangle pattern forms, there is potential for a breakout to the upside, further supported by the positive momentum in the broader market.
Consideration of a long position may be warranted upon confirmation of a break above the upper trendline.
1st Take Profit: 35.83
2nd Take Profit: 48.83
Final Target: 72.05
Looking at Upstart Holdings (UPST), we can see that it has formed a descending triangle pattern over the past few months.
Based on Upstart Holdings' recent strong performance and positive market sentiment, there are compelling reasons to consider a long position in this stock.
Recent developments such as partnerships and expansion efforts highlight Upstart's potential for continued success. As the descending triangle pattern forms, there is potential for a breakout to the upside, further supported by the positive momentum in the broader market.
Consideration of a long position may be warranted upon confirmation of a break above the upper trendline.
1st Take Profit: 35.83
2nd Take Profit: 48.83
Final Target: 72.05
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.