Performance metrics and trade details for UPST breakout.
UPST delivered a very strong earnings report, resulting in a 23% gap up the next day.
However, attempting an entry using the 1-minute ORH led to a quick stop-out, resulting in a small 1.5% loss.
But on Day 2, after the Day 1 failure, we can still enter this trade after it broke out of Day 1's high with high volume. We can then trail this trade, locking in a very significant 80% gain.
More to study.
Company | Catalyst | Successful? | Gain/Loss (%) | Chart | ||||||
---|---|---|---|---|---|---|---|---|---|---|
1 | UPST | Episodic Pivot | Aug. 11, 2021 |
❌
|
% | Detail https://breakoutdb.com/upst/upst-earnings-gap-2021-08-11/ |
(*) This trade is still active; the gain is an estimate based on the current price.