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Chartoholic
Apr 9, 2021 12:24 PM

Clover Health is about to break out Long

Clover Health Investments, Corp.NASDAQ

Description

NASDAQ:CLOV had massive volume yesterday and is about to break out. I expect a minor pullback before it march forward, long the break out at 9.08$, targets and price action are shown on the chart, stop loss at 7.15$.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!

Comment

Target 1 and target 2 reached, 70% profit should have been booked already.

Comment

The stock sold off at 11.77$ few cents away from the last target. We are at a buy level again around 8$
Comments
DunnNg
don't look at short time frame, daily chart shown bullish. Hold tight!
mxd3
it did!
DunnNg
short sellers will buy back later, this will be recovered where it was®
mohitkhurana
Do you expect Big candles or small candles until Friday? Thank you. I appreciate your help!
Chartoholic
@mohitkhurana pullback would most probably be small candles, on break out I prefer to see a big green candle with high volume
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