CLOV: I have been yelling for one more low to complete the wave count but when it came, I was struck by the forcefulness of the move. A 15% drop today. And it is not even done yet. I think fib 78.6 should be the bottom.
CLOV trade ideas
CLOV: Bullish Pennant Weekly (69%)Price Target = 21.66$
Thank's to @superiorJaguar24882 for pointing this one out.
A strategy on CLOV! 🚀Ok guys, CLOV dropped today, but the 61.8% fibs retracement is holding the price. The 20ma is also there and we have a bullish pattern above this support zone.
It is not perfect, but it is something to pay attention. I think the 14.43 is a breakpoint for CLOV, as if it breaks this pivot, the stock might fly again to the 20s, as seen in the 4h chart:
The 50 – 61.8% are good targets for us, but we must wait for it to break the 14.43. If it loses the 12.55, then we’ll fall to the 10 area again, so, be careful!
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See you soon,
Melissa.
CLOV - More Bleeding needed! 🩸-Bearish patterns
-Possible drop to $11 and lower
-Expected drop in %: 20%
CLOV consolidated ready CLOVER luck
Nice area of value to buy along this trendline. Lot of potential for minimal risk. Good luck 🍀
Trade safe have fun and SLAM THAT LIKE BUTTON! Ask me about these charts!
CLOVMID-TERM: 4hr and 1hr bullish cypher, 1hr and 4hr potential hidden bullish divergence, low timeframe falling wedge at the .618 retrace, high short interest. (not financial advice)
CLOV - let's squeezeGolden cross soon with a potential price target to 17 in short term and then more up.
indicators points upwards.
Apes are we ready? Let's squeeze the soul of the shorters.
Entry add-on CLOV@ $15.00 Target @$200 Jul 1, 2022 UpdateClover Health Investments, Inc.
Entry add-on @ $15.00 Target @$200 Jul 1, 2022 Fibonacci Target 200%
Entry@ $14.00 Target @$100 Apr 8, 2022 Fibonacci Target 161%
Entry@ $13.00 Target @$100 Apr 8, 2022 Fibonacci Target 161%
Entry@ $12.00 Target @$100 Apr 8, 2022 Fibonacci Target 161%
Clover Health is a Preferred Provider Organization ( PPO )
and a Health Maintenance Organization (HMO) with a Medicare contract.
Shares Outstanding 148,280,000 Shares Dilutions: 376,170,000 Million
Total Liabilities: 278. 01
Market Closed: As of 06/08/2021 EDT
Total Assets: 866.94
Market Cap: 9.039B
Employees 458
Short Float 36.09% Perf Quarter 108.63%
Shs Float 112,100,000 Millions shares
Daily Volume 95,159,566 Shares
Company Website: www.cloverhealth.com
CLOV power bullrunCheck my previous analysis for CLOV here:
Gratz for your profit if you followed!
The bull run is not over yet, there is still a huge opportunity to climb significant!
CLOV Clover Health Investments most mentioned stock on WSBToday CLOV Clover Health Investments is the most mentioned stock on WSB.
If it continues the bullish trend, i can see it touch the 16.5 resistance.
Clover Health and competition from Doximity IPOI did a small research yesterday and also published a full article on the website. Doximity will go public on NYSE and is an online network for doctors. It is an early-stage company that is already profitable which is something unusual for companies at this stage. Also, Clover is not a profitable company yet. I believe is worth looking at the full article.
Just to make this clear I still believe in Clover as a company i've been holding since it was $8.
Looking positive for an up move.After a big sell off and consolidating looks to be establishing an up trend. It is currently in sellers (supply) area, but if the bulls can win the current war, this stock should take off nice upside.
clover health investment 15 minutes chart as predicted yesterday in my 1 minute chart that the target price will be between 13,80 and 14,47 was reached today in premarket with a nice uptrend and good volume we may see 16 $ and up today we do have a nice uptrend of the stock
the final target of the $CLOV is $56 the final target of the $CLOV is $56 but it will have an extreme negative reaction at $30.
crab harmonic pattern:
AB=0.61 XA
BC=0.88 AB
tp1=1.6 BC=$17
tp2=2.6 BC=$30.9
tp3=1.6 XA=$32.8
tp4=3.6 BC=$56
Gartley scenario for the 2nd wave of Elliott of $CLOVEXABC crab harmonic pattern:
AB=0.61 XA
BC=0.88 AB
first target=2.6 BC~$30 *reached*
second target=3.6 BC=$56
C1YZ2 Gartley harmonic pattern:
1-Y=0.61 C-1=$11.5
Y-Z=0.88 1-Y=$24
Z-2=0.78 C-1=$9
2-3=1.13 C-1=$35
Trading Idea - #Clover (meme stock)High speculative BUY.
ENTRY: 15.27 USD
TARGET: 21.16 USD (38% profit)
STOP: 11.50 USD
Let's assume that the correction has finished! Another "explosion" is expected!
Clover Health Investments (NASDAQ: CLOV) has become another speculative share in the latest days.
The health insurance company's share price climbed more than 65% over the course of the day on Tuesday.
Traders on forums such as Reddits Wallstreetbets are participating in the price rally.
In the wake of the price explosion, many short sellers, including financial institutions, got into a short squeeze.
$CLOV entry PTs 7.25-9 Target PTs 28-55 and higherClover 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.
CLOV GAP FILLED!!!!!When the 'meme' stocks were pumping I posted a chart of CLOV on 06/08 and said it had a gap to fill from $16-$12, the gap was finally filled on Friday, so if you missed the breakout, you had the opportunity to play the reversal last week.
REMEMBER WHAT GOES UP MUST COME DOWN!!! Don't get fomo, there are plenty of opportunities in the market every day, and if you miss the uptrend of a stock, you can always play the reversal if you time it correctly.
CLOV UPDATE - GAP ALMOST FILLEDLast week when the 'meme' stocks were going crazy I posted a chart of CLOV and said it had a gap to fill back from the $16-$12 level, so if you missed the run up you had the opportunity to play the reversal.
Remember, what goes up must come down! Notice how the volume has been much smaller as the price continues to drop.
The gap is almost filled, its still got roughly $2.66 left to go. Once it is filled, theres a chance Clov can gain some bullish momentum again, it looks like the 50 EMA could potentially cross the 200 EMA, which is a bullish trend following system called a 'golden cross'. This gap fill could be the potential bottom 'neckline area' of a future double top reversal pattern.
Golden Cross, Gap Filled, Descending VolumeThe gap has been filled, the daily is showing a golden cross and volume has been descending. A sharp reversal could cause this highly shorted stock to rocket.
