DayTrade Long UPST +4.5%

Day traded UPST, waited for the 1-min short squeeze at end of day.  Went long 33.18, sold 34.72.  Saw it spike to 35 and retrace back, but gain buying in last 30 minutes of trading.     This still has some strength on the swing side so I re-entered at 34.31.

The runup had more to do with NVDA giving tech a catalyst to rally.  Don’t get fooled though, this is not a proper bottom, and I’ll continue to swing short and day trade long to hedge.

Tomorrow we wait for UPST to test 36.  We’ll see the real covering start, and I won’t quit it until I get a 10%+ intraday swing.  Buy the dips on the intraday RSI weakness.

I’ll be on stream tomorrow for entry points and positioning.

Aloha

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