ValBaranyshyn

Clover Health (CLOV) in a Falling Wedge

Long
NASDAQ:CLOV   Clover Health Investments, Corp
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5
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.
Comment: 14.90 new support. Currently up over 70% on my Feb 19 calls
Trade 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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