MichaelCoffman

LC In Channel Heading into Earnings

NYSE:LC   LENDING CLUB CORP
LC reports earnings today after the bell. A breakout above the upper bounds implies a 25% price target from there. If earnings are bad, short to the bottom of the channel and look for possible breakdown. GLHF.
Nov 07
Comment: Earnings were positive but price was unable to close above the line. I'm sitting this out for now but will continue to watch.
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