the final target of the $CLOV is $56 but it will have an extreme negative reaction at $30. crab harmonic pattern: AB=0.61 XA BC=0.88 AB tp1=1.6 BC=$17 tp2=2.6 BC=$30.9 tp3=1.6 XA=$32.8 tp4=3.6 BC=$56
Let the trolls begin lol. To be real the volume has completely dried up since Jan on this stock. It makes sense since its trading at 200+ dollars and trading as high as some really good stocks like SQ and FDX. Others went on to other meme stocks that are much cheaper to trade. The average guy can no longer afford to buy up here and possibly lose his/her...
All, I think ABNB once retraces a tad more will be ready to move up onto wave 3. In the even SPY crashes we may see a double bottom instead. Otherwise I will be adding soon maybe today just depends.
AMC printing a descending triangle, which would be bearish if this pattern was within a downward trend, but this is a bullish formation since we have been making ATH's. My previous idea thought we were forming a bull flag with higher lows, but it was broken which I believe was due to the GME earnings sell off that affected all "meme stocks" as a whole. MACD...
Institutional call flow sentiment is overwhelmingly bullish. Falling wedge after an explosive gap up is playing out as expected. Stock is still highly shorted with 36.6% short float or in other terms 41,270,000 shares out of 112,780,000 total shares. $CLOV’s heyday is yet to come.
All, I think simply one of two things happen. Scenario #1: -we hold the uptrend and break up to retest 68-72 and possibly go to new highs -we are entering somewhat of a squeeze (bollinger band not hedges lmfao) -- hitting channels on multiple timframes Scenario #2: -we crash below uptrend support again (already lost a few tight uptrends) -we then crash and...
We will see $30 EOD if we breakout of the triangle :)
Based on the move up, resistance should have been met at the 16.59 level according to previous waves resistance back in April and May. As you can see, we broke right through that, now showing support in the 100% retracement level. Holding the $17 level is important for this to touch the 24.34 level again
-The healthcare company’s share price rose over 32% Monday and is up another 30% on Tuesday in premarket trading. It is currently being bought and sold above $15 a share, while it was valued at $7.64 at the end of last month. Over 125 million shares were traded on Monday, nearly an eightfold increase from Friday. -Clover Health went public Jan. 8 by merging with...
$GME surging through that 61% retracement level, holding here with continued squeeze momentum sends the next target to $400 being the 78% retracement level
$CLOV Squeeze Called out from $7 price point, GLTA. Next Fib level is 24.33 with gamma squeeze
2 hour chart, will be interesting to see how this plays out tomorrow, very heavy resistance at the 161% retracement level, but if broken through and support at that level is shown, it can potentially mean the next fibonacci retracement zone being 57 - 90. MACD looks like it wants a reversal as well, so that gives me some further confidence for the Fibonacci...
tp1=1.6 BC=$10.5 *reached* tp2=0.6 XA=2 BC=$12 tp3=0.78 XA=2.6 BC=$14 tp4=0.88 XA=$15 tp5=1.13 XA=3.6 BC=$19 tp6=1.27 XA=4.2 BC=$22 tp7=1.41 XA=$25 tp8=1.6 XA=$31
As I posted the other day, I expected BB to make a move to its next fibonacci zone near 22.00. Resistance was met at the 61% retracement level and it got shot back down to its 38% retracement level after failing to hold the 50% retracement level (15.60's). Bouncing off the 38% level near $13 could give us 2 paths as I show on the chart. Need to break through that...
Finally popping like it deserves, options playing out nicely with this one. Very important that we hold around this 10.50 level being the 38% retracement level from the ATH in January. I would like to point out that the short interest is 31% of the float, with insiders not being able to sell shares until $30 a share. There are plenty of really informative DD posts...
Clover health has quite the catalysts not only fundamentally, but technically as well. Technicals: CLOV has been in a downtrend since early January, with an all time high near $17.00, and all time low of near $6.00. Quite the range. Fibonacci retracement levels can give us approximate levels of support and resistance once a breakout occurs. As you can see, the...
I believed BNGO was a buy near 5$, and today is it showing very strong momentum towards the upside approaching my first $7 target, insider activity has also been very heavy within the past week, and i expect to see this trading much higher in the coming months with this breakout.