UPST - Episodic Pivot - 2021-08-12

UPST Trade Summary

Performance metrics and trade details for UPST breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

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.

Intraday Entry

UPST - Episodic Pivot - 2021-08-12 intraday entry

After Breakout

UPST - Episodic Pivot - 2021-08-12 after breakout