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Dobra czas podnieść poziom.
Dlaczego warto zainteresować się $CLOV

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 daily chart here shows a SLIGHT breakout (See B2) above the downtrend, as also seen in April (See B1). Another green candle above the downward trendline would give me further confidence of a breakout towards first $10.50, and then $11.86 following, the retracement levels act as price zones of support and resistance for my trading style.

More on technical setup, we have a nice MACD convergence on the 1D chart, forming a nice consolidation for a breakout within the MACD , where I see a bullish reversal that can last long term.

Fundamentals: Not going to lecture you on the company, but rather give you some interesting catalysts and factors that will most definitely play into the price.

1. Short interest is over 50% of the float, which to me, gives a lot of potential for a true squeeze, higher than GME and AMC .

2. Because CLOV is a SPAC, insider shares have a lockup as well as a predetermined price that the stock MUST be trading at for 90 consecutive days before insiders can sell. that price is $30 a share. Meaning if they want to sell their shares, price has to be $30 for atleast 90 days.

3. Short positions are in trouble near the $11 level, meaning above $11, nearly 100% of all short positions are in the red, and losing money.

4. Shares available to be shorted as of yesterday was only 600,000.

With squeeze potential like this, such a large short percent of the float, and company insiders not being able to sell until $30 a share, expect nothing less of parabolic movement, but the real question is WHEN. Timing this will be a difficult thing to do, but I will be playing this with long term leap options as well as shares for accumulation.

EDIT: the original writer forgot something important. CLOV will be added to the Russell 2000 on 25th this month I believe


Źródło - https://www.reddit.com/r/wallstreetbets/comments/nrpicb/clov_technical_and_fundamental_analysis/

#gielda #clov
kRz222 - Dobra czas podnieść poziom.
Dlaczego warto zainteresować się $CLOV

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źródło: comment_1622789704WmshMbzSNO0cbNgXPK3GkZ.jpg

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@karpadoor: nie, to nie ten przypadek.

Any information on their Financials? Do they make money?

20% year over year growth, no debt, 700mil cash, large addressable TAM especially if Biden reduces Medicare age. They are insurance at their core so they always get paid from government contracts.

What makes them special is their AI tech Clover Assistant that aims to disrupt Medicare as a whole. They could even license it out.