Evan_Moe_Money
Short

Channel trade ahead

NYSE:LC   LENDING CLUB CORP
Even though we are kind of in the middle of that channel, you should either keep an eye on it, or wait for two more candles to give an unambiguously signal to be sure the downtrend continues.
Comment: I hope you waited those 2 candles ;-)

Now we have one more option, if the price breaks the resistance on top, we might have a breakout soon. If not, we do have a nice channel to ride. Although that channel had 7 bounces already. Thats why we should be careful at this stage.
Kapitalerhalt steht über allem.

Trade what you see, not what you think
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