LendingClub Corporation
Short
Aggiornato

Lending Club Breakout?

229
Fundamental research is beginning to reveal the adverse effects of credit creation, particularly since 2008, in the global economy. I'm constantly on the lookout for credit creators to short.

Here's a recent finding by the Cleveland Fed:
clevelandfed.org/newsroom-and-events/publications/economic-commentary/2017-economic-commentaries/ec-201718-3-myths-about-peer-to-peer-loans.aspx?hootPostID=7f85557930bb9815d74dd9dd5cfe5d0b

As for Lending Club, price may retrace back to $5 region before heading south as per RSI. Early bird entry is just below $4, but I expect the big selloff below $3.46 where price action has not traded before.
Nota
Watch for breakout sell!
Trade attivo

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