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Upstart (UPST) Flag Setting Up Well for Breakout Continuation

by | Oct 10, 2021

Upstart (UPST) showing relative strength lately and consolidating in a bull flag under recent highs after a massive run higher following earnings in August. Shares pulled back to the 21-EMA and put in a nice base recently and late last week jumped back above the 8-EMA where it’s nested. A move above monthly VPOC at $323.75 on watch with the value-high near $340 and then a run to new highs. UPST can make strong moves and clearing a key volume zone could bring in some notable volume and IV making short-dated calls a smart play.

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