UPST Classic BUMBUM Reversal

6月20日

UPST Classic Bumbum is a new term and I will probably file copyrights to it 😃
UPST has attempted to breakout of a cup and handle twice on the weekly chart and failed.
The second attempt is extended and recently broke upward from the handle.
The Bumbum simultaneously formed a saucer formation in the process which is a bullish reversal trend.

With increasing volume and momentum and favorable market conditions I expect this to to easily scale the immediate resistance of $59, then to $85. At $85 there is probably a pullback to the $70is range before any catalyst could push it beyond $85 to the $120 range.

With the fundamentals of the company aligning favorably, this is a long term buy.

前天

交易結束：目標達成

💼 Position
Type: UPST $80 Call
Expiry: AUG 1, 2025
Average Cost Basis: $1.32
Date Purchased: June 27, 2025
Sell Limit Price: $3.85
Date Sold: July 7, 2025
Total % Gain/Loss: +291%