$UPST - 52-Week high
$Upstart Holdings, Inc.(UPST)$ - 52-Week high (no position)
Extremely incredible RS but can't see a setup for my case. 4th October probably, but would have been an intraday chop with stop a well.
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8/10 range is about 4.5%. if you based on LoD to size a trade entry based on breakout of previous day high, the current trade is about 3.8R.
The last 2 days is 22% move, this trade should reward a trader with at least 10R if there's a tight entry proposition below 50% LoD (which has to be 4/10 re-attempt after stop loss)
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On Oct 9, UPST choppy move up like this is within a trend channel. To draw a chart pattern (eg. symmetrical triangle, ascending triangle, bearish rising wedge, saucer base, inverse head and shoulders) you need at least 3-months timeline of price action. Those are bigger timeframe chart pattern
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