CLOV34 trade ideas
$CLOV Volume Shelf, New accumulation in the $12.5 zoneAfter the short seller attack last week. CLOV is rallying and building a brand new volume shelf in the 12.5 area as our new launch pad. Assuming, no more bad news comes down the pipe.
If you're bullish on this ticker, it's a good time to load.
CLOV long at 14 USDLooks good technically. Long at 14 USD, PT at 17-18/ possible partial PT, SL at 12.95.
CLOV - February 7, 2021CLOV was bought out from a Chamath SPAC, this ticker has been in the headlines recently for investigation by the SEC for upping prices for healthcare services. Look for Chamath tweets and news on the stock to produce movement. From a technical standpoint, if we see a breakout look for resistance around 14.30 and 18 before moving higher with a 6-week price target of 24. Support is around 11.30, invalidation occurs around 12.20. CLOV has earnings coming up on February 25th, 2021 pre-market.
CLOVStrong reversal Friday on heavy volume, forming a nice big bullish hammer candle. Such a bullish candle is a signal that the momentum is reversing, so the downside price action is limited. The next level to watch is now: $13.5, breaking that level should initiate a new buying wave up to 14.50
$CLOV Bearish Channels Breakout upward Incoming$CLOV was consolidating after a retracement down. After consolidation and approaching the edge of a wedge indicating a big movement. They were unexpectedly the target of a short sellers report which caused the movement to continue downward. With a well articulated rebuttal the doc was able to rally and bounce back up. We appear to be at the bottom of a bearish channel and will likely retrace back up in the near future a short squeeze caused by any positive catalyst will likely break the channel upward allowing us to retrace upward towards the $14 area. With February 19th options expiring I expect the retracement to happen soon after.
$CLOVCounter trade me once again. $20 by mid may. Already started a may position on that dip this morning when you guys were selling like a bunch of weak handed rookies. $11.56 is when I loaded up clov may calls. I will be adding on dips only I am comfortably in profits. FEW UNDERSTAND
LONG CLOV - Breakout and VolumeClove looks like it wants higher prices from here based on Volume, Trend, FIBs, and Price Action.
Hopefully the market keeps going so this can run.
Follow me for updates and new ideas.
Cheers.
Huge selloff equals great opportunity. In Chammath we trust. This a great company that will change the healthcare industry. There goal is to cut costs and offer innovative software to the healthcare industry. The short seller report is bogus and filled with false information. this is a long hold for me.
smaller picture (previous set up) within the bigger pictureWelp we all know what happened with $CLOV today, here's a look at the bigger picture as a result of todays news
CLOV - DO NOT PANIC SELLAbsolute bargain. Just look at the channel this is in. this is where you add to you CLOV position. Healthcare is trendy in 2021. Clov will go to $24+
Gaped down after short report. Great buying opportunity as the short sellers are at it again with yet false claims of the company. It amazes me how these companies operate, and how they manage to survive. This will go up again as they are looking to cut costs in the healthcare business.
$CLOV Expecting some market weakness this week, looking for spots to bounce a few solid names, should they sell off, mm's and hf's are going to have to unwind longs to covers short positions margin calls. $CLOV is one i have interest in . I will be tracking this demand zone noted for a long
Volume Shelf $CLOV @ $14 - Tons of accumulationCLOV is still sitting on this $14 volume shelf. Tons of accumulation occurring.
CLOV is a great long term buy with a short term CUP AND HANDLEHey! I like to let my charts do the speaking but I love to converse with others involved. Share your thoughts! GL Cheers
CLOVLiking this stock a lot, looking for it to drop a bit, then for a full on reverse passed the resistace line and starting a new uptrend after a downtrend. Great potential, looking for 20.
$CLOV to the CLOUDSLots of chatter about $CLOV.
It looks really good from a r/r perspective. Using the gamma divergence zones from spot gamma, plus some fib-ext and height of flags, near term target is $20. Stop loss of $13.30.
Very exciting.
$CLOV Lots of volume being traded here and building a base, would love to see this name curl to the upside. Watching for a test of the GP for a great long entry
