$UPST NOT LOOKING GOOD. FURTHER DOWNSIDE POTENTIAL

🔸️Ticker Symbol: UPST 🔸️Timeframe: 4 Hour 🔸️4X Bear Pattern 🔸️Investment Stratey: Short

TECHNICAL ANALYSIS: Upstart after having a massive rally earlier in the year has been beaten down month after month. We are currently trading in a bear regression trend, our money momentum is shifting out of the market and we have a red EMA crossover to the downside. I do think we could potentially see a further push lower to around the $31 level and even possibly $28.


4X 🟢 Bull Pattern Confirmation Requirements

✅️ Linear Regression Indicator Increasing
✅️ Money Momentum Shifting Higher
✅️ Green Dot: Key EMA Crossover to Upside
✅️ Green Middle Band: Bull Market Momentum

4X 🔴 Bear Pattern Confirmation Requirements

🔻 Linear Regression Indicator Declining
🔻 Money Momentum Shifting Lower
🔻 Red Dot: Key EMA Crossover To Downside
🔻 Red Middle Band: Bear Market Momentum

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