Clover Health
Short Term
We look to Buy at 2.10 (stop at 1.93)
A higher correction is expected. 2.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 2.65 and 2.95...
Zigzag again with more drops on the cards for this one. Somewhere at the End of Wave C on this one. Confirms inplace means risk hedging, yet lower margins on profit per trade. This is likely to be the case here as well.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
