Sunday Prep 8/08 - $UPST LONG & SHORT

Last earnings report this thing gapped up 20 points and then sold off the whole day. A 20 point gap would put it right into that 55 area where you have that monthly pivot. A hard spike up into that area and I may entertain a short. I would also probably look to buy a flush off the numbers if it wanted to dump down towards that 100 level. You have the annual pivot at 98.33 in the monthly at 96.