The rally for 
LC in current month of March is added with impetus last week, with LC trading to peak of $22.65 (+51.66%) on Monday’s open, before losing steam to close the latest session at $19.95 as global stock rally took a pause during the week.
At the current junction,LC implied volatility have reached a level last witnessed in December 2017. Strong buying pressure in the last 20 minutes of Tuesday’s trading session have recovered LC from its intraday low of $18.55 to its closing of $19.95 by +7.74%, putting LC on traction towards $23.50 – $25.50 resistance zone. The affirmation of further price rally would require LC to break above its Tuesday’s high of $21.42.
LC operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States.
LC in current month of March is added with impetus last week, with LC trading to peak of $22.65 (+51.66%) on Monday’s open, before losing steam to close the latest session at $19.95 as global stock rally took a pause during the week.At the current junction,
LC implied volatility have reached a level last witnessed in December 2017. Strong buying pressure in the last 20 minutes of Tuesday’s trading session have recovered LC from its intraday low of $18.55 to its closing of $19.95 by +7.74%, putting LC on traction towards $23.50 – $25.50 resistance zone. The affirmation of further price rally would require LC to break above its Tuesday’s high of $21.42.LC operates as a bank holding company for LendingClub Bank, National Association that provides range of financial products and services through a technology-driven platform in the United States.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.