$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...
LendingClub Corporation (LC) Sector: Finance (Finance/Rental/Leasing) Current Price: $30.55 Breakout price trigger: $29.20 (hold above) Buy Zone (Top/Bottom Range): $29.75-$24.80 Price Target: $32.60-33.10 (1st), $38.80-$40.00 (2nd), $49.00-$50.60 (3rd) Estimated Duration to Target: 32-35d (1st), 181-204d (2nd), 630-679d (3rd) Contract of Interest: $LC 11/19/21...
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.
Breaking this level of resistance off news. Could see continuation
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....
SAN FRANCISCO, Feb. 1, 2021 /PRNewswire/ -- LendingClub Corporation (NYSE:LC) today announced the completion of its acquisition of Radius Bancorp, Inc. and its digital bank subsidiary, Radius Bank ("Radius"). The acquisition combines the strengths of two digital innovators with complementary businesses and a digital-first, branchless approach to banking that will...
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Hi, today we are going to talk about LendingClub and its current landscape. LendingClub is poised to receive increasing attention from the market as relevant events are taking place. The auto sector has signaled a yellow flag for the market as a confluence of data raises the inherent risk of the sector. The US Auto Loans Delinquent by 90 or More Days for the...