UPST - Episodic Pivot - 2021-08-12

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.