US Stock In Play: $LC (LendingClub Corporation)
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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