RY 144.17 0.4529% TD 77.39 0.0517% SHOP 78.87 -1.3878% CNR 171.64 0.5625% ENB 50.09 -0.4769% CP 110.62 0.6277% BMO 128.85 -0.548% TRI 233.58 1.1563% CNQ 103.29 -0.174% BN 60.87 -0.2295% ATD 75.6 -1.447% CSU 3697.0 1.1582% BNS 65.76 -0.3485% CM 66.6 -0.5525% SU 54.21 1.1569% TRP 53.15 0.3398% NGT 58.54 -0.3405% WCN 226.5 0.4123% MFC 35.905 0.9986% BCE 46.75 -0.5954%

small-cap

One NASDAQ- Listed Financial Stock at Resistance Level: LendingTree Inc

May 02, 2024 | Team Kalkine
One NASDAQ- Listed Financial Stock at Resistance Level: LendingTree Inc

TREE:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

LendingTree Inc

Company Overview: LendingTree, Inc. (NYSE: TREE) operates LendingTree.com, an online financial services marketplace. The Company provides customers with access to offers on loans, credit cards, insurance and more through its network of approximately 500 financial partners. Its segments include Home, Consumer, and Insurance.

As per our previous US Daily report published on ‘TREE’ on 30th April 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 37.35 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~28.22% since then and has attained resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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