GroundNinja

LC: Continuation Study

Long
NYSE:LC   LendingClub Corporation
LC: (16.09)MC: 1.56B+5.3% for previous day
+15.76% for the week
+4.55% for the month
ATR: 0.89B
Beta: 1.79
 
Continuation play
1. Reestablishing price action >50ma, 20ma/Imminent golden cross
2. Falling wedge pattern indicated
3. Bullish Divergence
4. Testing resistance/ Reestablishing support on 2HR high volume node
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