Hello LC club holdersMoving averages 20 avoid to cross the 100
Continuation of inverse Head and shoulders pattern
LC trade ideas
Bought in low. Holding for long termThank you for the opportunity! Bought in for long term until it doubles or 3x.
Minor correction for LendingclubOverheated! Expecting a correction. Before this inverse head and shoulders pattern resumes.
Good opportunity to buy in soon.
LCA nice inverted head and shoulders, price exactly at the neckline
+350% upside to test the high. Rate sensitive
Trade safe
Load up at around $5LC isn't done falling. It has to drop to he demand zone at around $4-$5. Given the massive put wall at $5 I don't think we'll see $4, price should bottom out slightly above $5.
Put wall is at $5Given the OI , there's a put wall at $5, so there's still room left for another drop, from there we should start moving towards $8.
$LC, rate hike sensitive and bullish pattern formationLending Club beaten down since inception. The chart is almost similar to NASDAQ:UPST and recently broken a downtrend. It is forming a cup and handle, but i believe it still not confirmed. It has a book value as of Q1 23 of $11, so i believe it is trading at a discount. I am considering having a starter position and scale in after the fed meeting.
looking forward for any opinions and please do your research.
Overreaction to bank failure might cause discountLC seems to be a pretty good buy already with a P/E of 3.17 and a P/B of 0.82
with the news that the bank failed that had only $21M of the $8B that makes up LC some might panic and sell their shares that have already been declining.
LendingClub bearish short term outlook As you can see on the hourly chart Lendingclub has completed a solid 5 wave structure to the upside, with wave 5 being an ending diagonal.
Now it's time to retrace. Lendingclub should retrace to the 61.8% - 67% Fib at around $12.75 - $12.50. This Fib pocket is also the area where the most activity occured, according to the volume profile.
If this level doesn't hold. we should drop slightly below our value area to around $12.20.
$LC with a bullish outlook and price target of $28-$30$LC has found support at the 61.8% of the preceding wave count on July first. From here on I see it climbing all the way up to $28-$30. Our first intermediate target should be somewhere around $19-$20.
LC - breaking outLC just had strong earnings but was shy due to overall market conditions.
Not surprising that as soon as we got relative relief about inflation, it moved higher( already 8% while I'm writing it)
First target 20 (200 ma resistance)
looking for more rally here after trend breakoutLC fresh breakout past trend/rsi resistance zone, could see a rally to 19.5-22.8-26 now
needs to reclaim support ! ✅LC will continue to the downside if it fails to break back above trend resistance/local support.
target 19.34 if we break back above 15.55 though.
like and follow for more!❤❤
the nasty downtrend broke!🔥 time for a little rally lc finally breaking this extreme downtrend, currently making a higher low when comparing it to the most previous low.
this is a good sign for longs. If we bounce off this higher low my price targets are 29.35-36 for early 2022.
like and follow for more 💘
$LC mean reversion long idea, offers 100% upside. Strong growth.$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.
$LC - short Wait for right shoulder to form on the H&S and enjoy.
I will grab puts to play this one as long as vix is not elevated
hope this come down a bitI like this pull back. Would wait to touch month trend line support that is black. buy and run
lovely risk reward🦉lc is approaching its local support zone and extreme RSI support zone! I expect some consolidation before the next breakout but its definitely great risk reward at these levels.
like and follow for more! 💘
LC - LendingClub CorpDoubled 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 add size to the position one more time if it can break out over the day 3 high around $49.30, at which time I will raise the stop loss to accommodate for the new risk.
