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TK0421

Potential long set up on CLOV

Long
Clover Health Investments, Corp. (NASDAQ:CLOV)  
TK0421  
NASDAQ:CLOV   Clover Health Investments, Corp.
Trend Analysis Chart Patterns Technical Indicators CLOV cloverhealth clover Technical Analysis bullishfallingwedge
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trendanalysis chartpattern indicator clov cloverhealth clover technicalanalysis bullishfallingwedge
Here is hourly chart of CLOV. Clear bullish falling wedge and positive divergent on both RSI and PPO. It is in over sold territory on RSI as well. Breaking up front the wedge would be the first objective entrance. Back test of the wedge would be the second. Stop should be placed according to the upside target. There is no guarantee but it may be worth taking a shot.

Have a good trade,

T.
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