$LC mean reversion long after the stock has drifted significantly lower, company is under valued here and doing triple digit earnings. Expecting buyers to show up around this demand level and shorts to cover causing a nice snapback in price.
Doubled position @ $47.96 as it rebounded off its higher-low and reclaimed the anchored VWAP from its day 2 breakout, giving me an average price of $46.22. Stop loss raised to $43.20 but still under the PEG anchored VWAP , giving me roughly a $3.00/share risk on the entire position which results in about 50bps of risk in terms of the overall portfolio.
Looking to...
Opened small starter position on break above inside pivot point from yesterday's earnings gap. Stop loss below the low of the inside pivot & anchored VWAP from the earnings gap.
Yesterday's earnings gap was the second strong earnings gap in a row with this stock, telling me that institutions are still behind in their accumulation of this name and still have...
This beast is the ONLY one I held and actually stuck to the plan. I am VERY tempted to sell it here but I want to reach that moon.
This was a no brainer to me. Read previous posts on my I added it as a long term hold.
The rally for $LC in current month of March is added with impetus last week, with $LC trading to peak of $22.65 (+51.66%) on Monday’s open, before losing steam to close the latest session at $19.95 as global stock rally took a pause during the week.
At the current junction, $LC implied volatility have reached a level last witnessed in December 2017. Strong buying...
One of the most reliable and my favorite set ups ever. Look at the beautiful break out, retest around $10 and absolute monster move. I still think its a $40 stock and we might correct to $14-15 area before the next leg up.
Lending Club - absolute monster growth potential.
5 reasons why LC should be on your radar:
1. We are out of a long term falling wedge. Technical breakout is making it interesting.
2. Lending Club just bought Radius Bank which is an online bank. Virtual wallets is a 2021 trend that is shaking up traditional banking model. Mobile phone is now your bank branch....
We are doing Analysis of LENDBTC on 1 Day Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Adil Khan
I think LendingClub has a genius business model. Giving an alternative investment for the average person and quick access to capital for the average person.
However, this company is still losing money, they have had regulatory run-ins with the SEC, and have a Debt/Equity of 2.8.
This company is taking on a massive amount of risk without much industry moat.
From...
Investors are loving what they heard on the call with LC executives. I'm expecting healthy gains until the end of the month. Be mindful not to enter at a peak and chase gains, I'd say its a good time to enter a options trade on this. 3.50 strike in the money with a straddle for downward movement, track the gann fan lines for support and resistance. Look for...
Wanted to take a minute to line up LC to see what it looked like from recent high and lows under week time frame. I was amazed at its ability to dance between the overlays and show consistency to support laid out. Volume shows likely to the down side, however, RSI shows on its way to bullish with earnings on the way.
Nasdaq community seems to be bullish and WS...
Wanted to take a minute to line up LC to see what it looked like from recent high and lows under week time frame. I was amazed at its ability to dance between the overlays and show consistency to support laid out. Volume shows likely to the down side, however, RSI shows on its way to bullish with earnings on the way.
Nasdaq community seems to be bullish and WS...
Fundamental research is beginning to reveal the adverse effects of credit creation, particularly since 2008, in the global economy. I'm constantly on the lookout for credit creators to short.
Here's a recent finding by the Cleveland Fed:
clevelandfed.org
As for Lending Club, price may retrace back to $5 region before heading south as per RSI. Early bird entry is...
I honestly think that you shouldn't invest in lending club right now. At this moment you cannot hold lending club for swing, short, or long. Long is automatically out because The stock has only been going down. For swing and short this stock has a very low volatility rate. This price is way too high. The only time I would invest in it is when it goes into the...
In the previous two quarters LC stock price surged up after earnings announcement. People were surprise...? Now, hoping to meet a similar trend, people already purchase LC stocks before release of earning. Many people are ready to sell. Even if income is better than expected stock will not go too high, otherwise it will have a bigger drop.
LC has been in a sideways mode most of January, trading in the $5.40-$5.90 area.
We issued a buy alert at $5.40-$5.00 lever earlier and are looking to add once the next breakout happens. We very well could be getting that breakout in the next few days. If this New America mindset does indeed get legs and we think it will, it only bodes well for borrowers of...
