A close above the orange line could push TDOC to $400. *Just free advice, not financial advice. We love to share what we do. - HH
After the acquisition of LVGO, TDOC has traded sideways, creating a 6 month base. During that time TDOC has increased its institutional holders to 44 funds. Technically, the chart is showing an inverted head and shoulders base beakout, a trendline break, and consolidating below supply between 225-240. Above 240, TDOC can break upward to 300 with an upward target...
TDOC presents us with a good risk vs reward opportunity when taking into consideration both the fundamental and technical analysis. Fundamentally, Teledoc is a giant in the tele health sector and with the future moving towards online, It would not be surprising to see Teledoc trade at much higher prices in the near future. - HH * This is not financial advice,...
TDOC has gone from a range reversal trade to a potential breakout. I am very happy holding for now but I am watching how price reacts to the top end of the range. As long as price can hold above 220 the trend is still positive even if there is a little profit taking to come.
Reached the fist price target of $125 and pushed higher into the $130s which was great to tag some fib extension levels. I have two alternate counts on this one because, with EW, it's never an exact science and the best thing to do for yourself is just try to prepare so there are not any surprises and adjust as you go. Primary Count (White numbers in circles): -...
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Going to watch this and see what unfolds. If I can get it, I'm hoping for a very slight pull back and for it to hold in the grey support/demand box. If it holds there, I think it has odds in its favor to try and make a pretty nice run up. If able to find a good entry, my first target up will be around $225. My second target upwards will be the $250 price...
TDOC is setting up nicely for a break of the wedge/pennant. A long position could be taken if we break and stay above 209 for a day. Immediate targets are on the chart. Trade safe.
After a prolonged multimonth consolidation TDOC is set up for a breakout. I'm looking for volume and price action above the trendline. Best of luck! -iZen
I checked the fib retracements and @tsx_trader is bang on. Its forming a falling wedge and consolidating right into the zone and the momentum is turning around. It could bounce/consolidate around 2.38 and head back down to the 2 support level and make another run. That would be an optional place to scale in additional funds. with a SL at 1.90 the risk/reward is...
Ingenuity Trading Model Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model...
Wait for Tdic retest trendline around 195- 197 and entry Short ( stop loss if Break above 198.5 ) Target 180 - 165 - 163 .
The price will likely go up towards the point where 2 pitchfork lines intersect (see the blue arrow--there are two possibilities). "Like it" if you like it! Add your comments, questions or concerns if you have any. DISCLAIMER: Security trading involves substantial risk of loss. My analysis is not trading advice. Do your own research first and/or consult a...
TDOC closed below the 2nd pitchfork on 9/16 which is the signal the trend will soon reverse and go up. That happened indeed. At this point TDOC reached the top of the 1st pitchfork which acts as a resistance line (and is also close to the purple resistance line). This means it may bounce back down or break through. Given that that market has reversed and is going...
$TDOC telehealth company Teladoc Health broke out of a recent downtrend today and closed above resistance. There was also some unusual bullish options flow today with about $7M in near term calls traded. Specifically the $215 strike call expiring this week traded more than 10x its open interest just today. Put/Call Volume Ratio was about 4:1 or in other words...