I'm not a financial advisor and this opinion must not be intended as a financial advise.
Clovis have very high short interest and the short ratio in above the medium.
The low capitalization will help make the WSB guys choose this title as a great target for the next short squeeze. I can’t predict when it will happen and where it will arrive but it certainly...
Please see our chart for all the levels of interest which we hope to act as targets
in the hours and days to come.
Major trendline breakout complete
Above $9.24 the stock can rally quite hard
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Clovis seems to have found a way to raise prices !
The indicators show a bullish divergence on H1 and a chronic delay on the reversal of the trend according to the cycles of Hurst.
The patterns of the candles confirm the will of inversion of the trend.
If the ascent is confirmed and becomes impetuous with good odds we can see a short squeeze because the...
STATE OF THE MARKETS
Stocks rebounded on stimulus hope. US equities rebounded on optimism over new stimulus spending to revive the world’s largest economy after being plagued by the corona pandemic. The US senate took steps to allow Democrats to pass Biden’s package without Republican support, which boosted optimism and saw some return of Treasury demands...
CLVS has been beat up for a loooong time.
On a 3 hr chart it appears that we are seeing a bottoming inver H&S formation. Company also is making positive news about Rubraca that just met the primary endpoint of significantly improving Progression-Free Survival vs. Chemotherapy.
Completely a momentum based trade with a tight stop loss.
PS Never ever take any of...