Lending Club could see $5.50 by Mid next week.
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 confirmation in support of the fan lines for a movement to the upside should signal an enter.
Once this post positive on moving averages I expect institutional and computer generated buying. Saddle up. I'm already in @ 2.79 and I'm about to double down on an options play. I'll be in this long.
Once this post positive on moving averages I expect institutional and computer generated buying. Saddle up. I'm already in @ 2.79 and I'm about to double down on an options play. I'll be in this long.
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