Should you buy Lending Club Now

11 lip 2017

I honestly think that you shouldn't invest in lending club right now. At this moment you cannot hold lending club for swing, short, or long. Long is automatically out because The stock has only been going down. For swing and short this stock has a very low volatility rate. This price is way too high. The only time I would invest in it is when it goes into the 5.20's. This stock is also lacking a high rsi. If one bad news comes the stock can fall a lot. The Adx is slowly increasing. This loss for lending club may become a trend very soon. Also the MACD bars are down by almost 0.3. This is a very high price right now. Reading the news about Lending Club there isn't really much more coming for the stock. I would wait and buy this stock when it comes at a lower price. Don't buy this stock right now.