badumdum
2022-03-15

$Upstart Holdings, Inc.(UPST)$ as the indices make their way down, tech will fall more at the beginning first as the FUD leads the market to over discount and sell out of them. Then after a while, the reverse will take place as other components of the indices that are more cyclical and value will start to be lined up to get shot. Tech will recover from the drop as they show forth strong earnings from quarter to quarter. Only the strong will thrive. The rest will be executed accordingly. 

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Comments

  • MaudNelly
    2022-03-15
    MaudNelly
    Just curious about why did Upstart Holdings stock sink today, even i still wanna buy it.
    • badumdum: 
      broader index selldown. watch the NDX on its 40EMA for a reversal. 12000
  • BaronLyly
    2022-03-15
    BaronLyly
    overall I think the company’s financials looks great but the guidance is no longer viable with these market conditions, we’re on the border of a recession. I do think we’re almost at a great price to hold for a market and economic recovery 👍🏻
    • CyrilDavy: 
      Revolutionary and cash flow positive and buying back stock.. Will be triple in just a couple years so eat our shorts - to the moon!
  • LeilaLynch
    2022-03-15
    LeilaLynch
    I'm buying below $80 and I'm not a bear. I just don't want to rush into things considering what is going on in the world.
  • MatthewWalter
    2022-03-15
    MatthewWalter
    that was a nice drop, broke all the main supports, looking to see a nice long tail tomorrow to $80 and then end the day up at $90.
  • FranklinMorley
    2022-03-15
    FranklinMorley
    I remember buying right before earnings in August and selling during the big run up. I couldn't believe how fast it ran up.
    • ChristKitto: 
      Yea, just 250% YoY growth, and has a P/S ratio less than large companies growing at just 10-20% a year. The market is being overly pessimistic.
  • EmilyMark
    2022-03-15
    EmilyMark
    Just bought a bit more to bring m average down, or perhaps even for a day trade. I cannot imagine that the price will go much lower, which means it definitely will.
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