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David_Warren_Ellison
Jul 21, 2021 9:47 PM

CLOV readying for Round II Long

Clover Health Investments, Corp.NASDAQ

Description

CLOV is on the verge of a bullish crossover of the 14 period regression line over the 30 period regression line. In my backtests, I've moved to using the 14 period rather than the 10 period line, as there is less noise and very similar entries, typically. Backtest results on /ES attached: imgur.com/a/ZSB6j49

The crossover should occur at open tomorrow - absent a meltdown - in which case I'm going long. Plan: hold until another crossover occurs, or price moves beyond the 2 STDV BB and tries to re-cross, or as per our modus operandi, until a substantial move occurs a la GME, and then we enter a stop to lock in half the profits.
Comments
David_Warren_Ellison
Trade entered at 8.55 on backtest
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