Trading Idea - #Clover (meme stock)
High speculative BUY.
ENTRY: 15.27 USD
TARGET: 21.16 USD (38% profit)
STOP: 11.50 USD
Let's assume that the correction has finished! Another "explosion" is expected!
Clover Health Investments (NASDAQ: CLOV) has become another speculative share in the latest days.
The health insurance company's share price climbed more than 65% over the course of the day on Tuesday.
Traders on forums such as Reddits Wallstreetbets are participating in the price rally.
In the wake of the price explosion, many short sellers, including financial institutions, got into a short squeeze.
ENTRY: 15.27 USD
TARGET: 21.16 USD (38% profit)
STOP: 11.50 USD
Let's assume that the correction has finished! Another "explosion" is expected!
Clover Health Investments (NASDAQ: CLOV) has become another speculative share in the latest days.
The health insurance company's share price climbed more than 65% over the course of the day on Tuesday.
Traders on forums such as Reddits Wallstreetbets are participating in the price rally.
In the wake of the price explosion, many short sellers, including financial institutions, got into a short squeeze.
Trade closed: stop reached