CLOV breakout from downtrend CLOV broke out of its downtrend (with volume) since its birth, keep an eye out here for continuation Longby Robnhood_TradesUpdated 1
Buying opportunity.CLOV seems to be in a great buying opportunity. Chammath is in this company and from doing my research he is part of the board of directors of this company. He came out on CNBC talking about this company. RSI is oversold territory which is undervalued. Longby Dc1392113
$CLOV long over 13Great revenue growth + growth potential with Biden administration too, hot IPO, hot supporters, lots of social media attention to cause short term demand imbalanceLongby EquitiesForLife0
$CLOV, could get worse before it gets betterI have this going as low as $12 on a falling wedge before it pops.Longby n8anf134
Potential SetupConsolidation near 50 day ema - quite steep of a fall Likely to break For study purpose only by humbletwig0
CLOV Reversal?Double Bottom on the 15Min, .50 Fib support on the daily, oversold conditions, falling wedge... looks like a reversal in the works!Longby Pooshoes223
$CLOV Forming a Falling Wedge Prospects for a Breakout Imminent$CLOV is a health Tech company that is targeting to disrupt the traditional insurance companies. It targets to provide lower health care costs to seniors using medicare plans and provides cheaper coverage and reducing costs by 20%. This is a recent SPAC merger from chamath's famous IPOC (Social Capital Hedosophia Holdings). Its merger was approver & it started trading on Jan 8th 2021. SCH (social capital) has a series of well known SPACs - SPCE (Virgin Galactic), OPEN (Open Door). This is a third popular merger in this list. Since its debut it's been spiraling towards the bottom trying to find support. Looking into the chart patterns the downtrend is forming a falling wedge pattern. Once it breaks out of this falling wedge, then the immediate level of resistance are highlighted in this chart (R1, R2, R3). Once $CLOV is able to clear these levels (which i believe is going to need some catalysts in form of analyst targets & positive news on medicare age reduction) this stock is easily $20+ by Feb.by OnlyLongs333
$CLOV is setting up nicely for a big move$CLOV is setting up nicely for a big move. Looking for a break from the trendines in the new couple of days. Currently looking bullish.Longby iamphatboy0
$CLOVObviously limited data to chart with, but could see a bounce out of wedge I like the r/r if it dips a little more around $14by Mike_y0