Ross-Santos

TDOC Big move coming going into Earnings

Long
NYSE:TDOC   Teladoc Health, Inc.
TDOC looking good for a long setup going into earnings. ER is on 5/4. TDOC has been beaten down the past earnings but technicals are showing upside potential. We also have gaps above. Looking for a break through that 213 level (200 SMA) and push through earnings.

Setups: Squeezing on the daily timeframe and we're on the 4th wave of the wolf wave pattern.

Contract Suggestion: Spreads are really nasty, this is the only option chain date that I found fairly decent.

TDOC 5/21 240C @ 1.75 (Long swings -safer play)

Please drop a like & follow so you don't miss any analysis that I post! Greatly appreciate it! Thanks!

Come join our community!

Twitter: twitter.com/Ross_Trades

-Ross Trades
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.