To The Moon

📈 The market’s hitting new highs! So, what’s the right way to ride this bull? 🚀 Right strategy + right picks = wallet on the rise!

Meet @Shernice軒嬣 2000, a Gen Z investor with a knack for spotting big plays—she’s just posted a $171,219 gain on $Upstart Holdings, Inc.(UPST)$ calls! 🎉

@Shernice軒嬣 2000 isn’t new to sharing her insights and gains with us. She’s a dedicated Gen Z trader, now 24 going on 25, with a love for buying calls. She’s scored impressive returns on call options for $Powell(POWL)$, $Dell Technologies Inc.(DELL)$, $Affirm Holdings, Inc.(AFRM)$ and $Reddit(RDDT)$. 💪

Here’s a breakdown of her journey and insights on UPST:

In 2021, Upstart’s revenue surged 264% amid low-interest rates and a strong lending environment. But with rising rates, revenue slipped 1% in 2022 and then 39% in 2023, dipping Upstart into losses. Although analysts predict an 11% revenue growth in 2024, UPST isn’t yet profitable, which has made some investors cautious after its recent 46% spike.

Why the Long-Term Outlook is Still Bright:
Despite setbacks, Upstart has spent two years optimizing its AI, broadening its funding sources, and expanding partnerships. This groundwork could lead to sequential revenue growth, aiming for $400 million per quarter by late 2025, where profitability could finally kick in.

Shernice sees UPST’s growth as a potential for valuation jumps. If Upstart sustains its momentum, a 15x sales multiple could bring its value to $24 billion or $263 per share, with milestones ahead. The current 32% short interest, paired with recent rate cuts, could boost its upside, with a target of $130 by year’s end.

A Familiar Trend for Growth Tech Stocks:

Many 2020-2021 tech IPOs, like Upstart, saw massive growth before sliding during rate hikes.

Now, with markets at historic highs, there’s renewed momentum, especially for undervalued tech growth stocks that could be ready to soar again.

Watch for Gap-Ups:

Several tech stocks, such as Z, APP, SOFI, SHOP, and PATH, have recently shown “gap-up” patterns—where stock prices open significantly higher than the previous close. Often sparked by big news or events, these gaps can signal the start of new trends.

$AppLovin Corporation(APP)$

$Zillow(Z)$

$SoFi Technologies Inc.(SOFI)$

$Shopify(SHOP)$

$UiPath(PATH)$

When a stock breaks out from a consolidation or trading range with a gap-up, it often signals the start of a new trend. This pattern typically reflects strong buying interest, often triggered by news or major events, and can indicate that the price is likely to continue moving in the same direction.

What do you think—can the rally continue for tech growth stocks?

Which ones are you watching?

Share your thoughts below! 👇

🎁Rewards：

• Feel free to share your growth tech stock positions in the comment section to win Tiger Coins! Don't miss out on sharing your tactics; give us a lesson!

• Large or high-win-rate positions also stand a chance to win stock vouchers and official interview invitations! Let's uncover who the guru is!

• If you've achieved profits from other potential stocks we don’t know, kindly share your trading strategies in your post, and remember to include the topic "Winning Trades". Hope you'll be the next one to make it onto the leaderboard~

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