$LC, rate hike sensitive and bullish pattern formation
Lending Club beaten down since inception. The chart is almost similar to
UPST
and recently broken a downtrend. It is forming a cup and handle, but i believe it still not confirmed. It has a book value as of Q1 23 of $11, so i believe it is trading at a discount. I am considering having a starter position and scale in after the fed meeting.
looking forward for any opinions and please do your research.
UPST
and recently broken a downtrend. It is forming a cup and handle, but i believe it still not confirmed. It has a book value as of Q1 23 of $11, so i believe it is trading at a discount. I am considering having a starter position and scale in after the fed meeting. looking forward for any opinions and please do your research.