UPST
✅ Upstart shows strong support at its 40-week moving average.
📈 The stock has consistently found demand at this level.
🚀 Analyst expects the stock to retest all-time highs.
@VisionariosBolsa:
“Upstart is more of the same. The stock is consolidating, and we are above the averages, showing very good behavior. Not much to add here. We are also profiting quite a bit from Upstart, maybe around 70% or 80%. I’m not exactly sure how much we are gaining today because we are playing within somewhat wide ranges in recent weeks. However, as I mentioned last week, pay close attention to that average because it’s the 40-week average where it has found support before. Whenever this stock finds support at that average, demand appears, and we go back up. As long as it continues to behave this way, I don’t care if it was above 20,000 in this upper zone and then came down, experiencing a 15% drop in the profitability I was getting. It doesn’t matter because I know it’s within the trend. My system allows the stock to play within certain ranges as long as those ranges are healthy and indicate that the stock maintains its upward trend. Therefore, if we now reconfirm this support point, which we are already confirming, resembling this point we have here with these previous touches, then perfect. As long as I see this, the most likely scenario is that the stock will attack new all-time highs again, and I can continue accumulating more and more profitability. As I said, Upstart is a stock from which we are earning a lot of profit, one of the longest-held in the portfolio, and it could even surpass 100% profitability. We’ll see if that’s really the case, joining stocks like Nvidia, Up Lovin, and SMCI last year. We’ll see how it does with Upstart because it might achieve those returns this year.”
Watch the exact part of the video where the analyst talks about Upstart here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of Upstart (UPST) at this link: UPST stock.
