Clover Health. Hold the line ($2) We look to Buy at 2.10 (stop at 1.93)
We look to Buy at 2.10 (stop at 1.93)
A higher correction is expected. 2.00 has been pivotal. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 2.65 and 2.95
Resistance: 2.90 / 3.25 / 3.90
Support: 2.00 / 1.50 / 1.00
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