CLOV's recent rally is minor; it broke a trend line but faces resistance, leading to an expected retracement with no current trade opportunity.

and uh Buffalo by bicycle saying that Clove has been popping and that it's not a joke. That's surprising because I haven't seen the Clove pumpers or Shant. I don't think I want to include Shant in that because he's doing his best to um actually be a normal person, which is good.

Uh Clove did move up here on Thursday. Looks like it moved up yesterday. Today, I'd be looking for a retracement here.

I still don't see a trade here, but but I think maybe a little bit of a retracement. I'm sorry. 13. Go ahead. Oh, no. It's okay. And I I'll I'll just go out and say that if you uh bought in anywhere in the consolidation that was happening in uh mid to late August going into September, then you know you're you're up uh like 70s, which is you know, I don't think that's anything really to scoff at.

That's that's that's pretty good for a u you know, a stock that was uh near uh you know, $415. Um but you know, it's not like a super substantial move like some of these other names that we've been you know, trading every day.

Uh still I don't want to like you know just say this wasn't a great uh little move here that you got but I agree that this is gonna looking like it's coming back in and I think that you may end up losing five uh on that come on that move back down.

Now here's what I drew that I also mentioned a while back before we even got this uh these moves over the past several sessions. You start with that uh trend line uh with at June 29th that high you draw it through the August 6th high.

This is the trend line that I'm pretty sure I mentioned when we uh first started talking about this with the uh the folks that were pumping it. Um that this is the trend line that you'd want to see break.

Well, we've broken it. We broke it yesterday. So, now that we've done that, uh we've come up to a resistance area where that the topping out was happening in in June and early July.

And now I think that there's going to be that supply that could push us back down uh to the trend line. If you get that support, then the next visit up to that supply may end up resulting in a breakthrough.

But at the same time, this does have a little bit of a high RSI. I don't know how high this is going to go if it tries to break through that uh those upper uh levels of that consolidation from June.

Matthew says, "Uh, I bought one share of Clove just to follow all the hype when that guy was going off about it. I'm up on it and I wish I bought more." Matthew, if you tell the pumpers that, if you tell this group that, they will never relent.

I They will literally come for me with pitchforks. So, uh, consider that bust thrown. And like I said, you know, we're getting it's I giving them props for the the small move that it's had, but we're talking about a 70 cent move when we're looking at other stocks that we're trading here and getting much much more than that every day.