Falling Wedge Pattern (Bullish)Falling wedge pattern seen in $CLOV chart, combined with bullish divergence in RSI.
CLOV trade ideas
CLOVClover Health Investments Corp (NASDAQ:CLOV) The company has done so many positive things in 2021. Currently at $7.17 this stock could be one of those huge high short interest stock runners. Patience is difficult in this market but can also pay off handsomely. I do think this stock will bounce back over $9.10 EMA200
CLOV to $10 and $12Is left to be dead for a while now. Keeping a close eye on it. Breakout to the upside is very likely in the next couple days.
Target-1 $10
Target-2 $12
Final Target $14.50
Stop $6.40
CLOVMID-TERM: Dragon pattern with 4hr hidden bullish divergence and daily bullish convergence + bounced off historical RSI level, also has tightened bollinger bands, but earnings in 1 week. (not financial advice)
CLOV | InformativeNASDAQ:CLOV
Above 8$ is bullish for Long position
and below 7.40 is bearish for Short position
Personally a rally to 7.70$ and maybe 8$ and then rejection.
*This is my idea and could be wrong 100%
IS $CLOV A GOOD ENTRY AT THIS PRICE?In the last couple of months, $CLOV has seen a lot of volatility in the daily chart, current prices are close to support, and we could see a bounce to the 100 or 200 EMA if volume grows.
CLOV gonna runCLOV: Cup and handle pattern with handle breakout signifies further bull action
~ Cup and handle pattern is apparent and need no discuss
~ The VI just changed momentum to bullish
~ RSI has just reached its "bottom" (rather the noticable bottom as the RSI has not been below 52 in a week.) this signifies an upcoming bull action
~ The wedge that the handle was in just broke out 😋
CLOVClover Health Investments Corp (NASDAQ:CLOV) Friday's close was notable as the stock broke the downtrend line that has been in place since early June. On the technical chart, we can see a few things going on here. First, the stock is above all short-term EMAs. Also, MACD is indicating a trend reversal to the upside. Last, and definitely not least, we can see that the money seems to be flowing into the stock and RSI is turning up.
Clow is getting closer to forming a base any new company is a pump n dump in my mind they raise hell of money and then the stock is shorted by every Asian in America now i would look for a base to form around high $6.80 and move forward from their if it breaks the red zone and earnings are shit citadel has this one in the bad and we will see the $4.00s and that's the all-in buy zone. if you believe in the company i find other companies' way more suitable to invest in. wall street bets are trash now and can't even get one stock down and ride it for a month so don't depend on those eleven million idiots.
CLOV Looking For A Bounce In This Ape Stock Soon Where it lands who knows very risky not advice the shorts will have to cover this name soon - we'll see how it shakes out.
CLOVMID-TERM: Potential "back-up" of the creek in wyckoff accumulation, with potential hidden bullish divergence. (not financial advice)
CLOV - Accumulation?CLOV now looks likely to be in accumulation.
Recent impulsive downward thrust was a fakeout and price has bounced well back into the horizontal channel. The easy return to channel is a very bullish indication I think considering how much time it has spent here already.
Price has spent a lot of time in this channel and continues to return to it - this is probably a sign of accumulation. The $2 price band has contained price most of the time for several months.
From the potential accumulation Spring, price has retraced and sits on the 50Dma and VPVR POC. If it can show some small impulsive movement to SOS then it will look very interesting.
I might just buy a few here.
Not advice
CLOV | InformativeNASDAQ:CLOV
This is just informative, I'm not going to open position, it's by request of one my followers.
I'm bullish in Mid-Term and Long-Term
*This is my idea and could be wrong 100%
ClovPopped a descending triangle. EMA Ribbon flipped green we are holding in the 4 EMA ribbon between 9.60 and 10$ with low support at 9.35. If we can pop 10$ and hold above we could see a good run to 12.50-13.20$
$CLOV Calls 17 Oct 22nd Returns +3,208%And $CLOV Calls 30 Feb 18th Retuns +1,898%
Clover Health Investments, Corp. operates as a Medicare Advantage insurer in the United States. The company through its software platform provides preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers. Clover Health Investments, Corp. was founded in 2014 and is headquartered in Franklin, Tennessee.
$CLOVClover Health Investments, Corp. operates as a Medicare Advantage insurer in the United States. The company through its software platform provides preferred provider organization and health maintenance organization health plans for Medicare-eligible consumers. Clover Health Investments, Corp. was founded in 2014 and is headquartered in Franklin, Tennessee.
Breakout Up up and away. Breakout of the wedge, resistance is not for a long distance up, should be a nice run.
CLOVClover Health Investments Corp (NASDAQ:CLOV) The more it consolidates the bigger and strong run/squeeze it will have. On the technical side, MACD and ADX all point to an upward trend while RSI is also rising. Watch the stock closely on Tuesday, and once it breaks through $9, get ready to enter the trade.
