Clover Health, ticker CLOV, is currently in a Bullish Wedge. We need to break and hold the 14.31-14.51 level. When we break those levels with decent volume, my profit target will be all time high of 17.45 followed by a 2nd profit target of 21$. The key support area is 13.26-12.86. Below 12.86, we need to cut our loss. I'm in shares at 13.69 for a 10:1 ratio play. A price level above 14.50 will indicate a confirmation of the break-out.
Note
14.90 new support. Currently up over 70% on my Feb 19 callsTrade active
Closed out of my calls at 80% profit still holding shares. Market slipped. Might re-enter CLOV call again for FEB 19
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.