Moving along the upward trend channel. Having spent Aug consolidating in megaphone, TDOC looks ready to breakout to the upside. Measured move to 275-285. Position: Long Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
Relative Strength Index currently low and the next resistance level is 8% higher so this could be a good stock to buy for short term gains.
Teladoc Health to Merge With Livongo to Improve Services Teladoc Health, Inc. TDOC recently entered into a definitive merger agreement with Livongo Health, Inc. LVGO, which is an Applied Health Signals company. Subject to customary approval, the cash-stock transaction valued at $18.5 billion is likely to conclude by the end of fourth-quarter 2020. Upon closure...
Last night, Teladoc which has been going up for more than 200% since the beginning of 2020 has a sharp fall of nearly 16%. It is highly likely that it will have a pull back tonight and I expect the price to head further south towards 195 price level before I take a long shot. Read latest news here See our calls in Feb and May 2020
Clear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation. I would place a limit entry order to confirm the new support. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $238.65 Suggested Stop Loss $232.37 Target price $265
NYSE:TDOC Signaled a few weeks ago but I'm just now getting ready to hop in. Signal is for $194+ Will be looking for entry on Monday. Wish I had got in a little sooner....oh well. *Look at my post history for accuracy*
Neutral at the moment, can try to play the swing in the channel with tight stop losses. -NFA
COVID has pumped this stock to overbought. Teladoc Health now anticipates revenues for the first quarter of 2020 to be in the range of $180-181 million, up 40% year over year. Adjusted EBITDA is expected in the band of $10-11 million compared with $1.2 million in the first quarter of 2019. -NFA
TDOC shares are retesting highs. Regulations keep dropping away for telehealth. The Ichimoku Cloud continues to shine bright green and volume continues to grow sharply on a dollar basis.
TDOC continues to trend higher in an accelerating parabolic curve, with an Ichimoku Cloud trend indicator that is screaming for extension of that trend. The consolidation in play now is a bullish symmetric triangle as volume mounts given the deregulation of the telehealth space to combat the coronavirus pandemic threat.
TDOC is off and running in a classic bullish range breakout and an acceleration of its ongoing upward trend into a parabolic mode as the specter of a hospital capacity crisis looms on the COVID-19 pandemic horizon. Telehealth regulations have been stripped to open the gates. And TDOC is positioned to thrive.
TDOC with great technicals. RSI(10) @60 reaching higher OBV on higher highs ADX(14) @24 DI+ > DI -
$TDOC Bull Flag - Unusual Options Activity - Earnings today post close Bullish options activity today - $1.7M earnings bet on 70.00/75.00 strike March calls. 8k traded vs OI of 1k Near term target - $76.00 Note: Informational analysis, not investment advice.
Teledoc medical billing is crossing over the weekly MACD after recent drop. Entry point just over $63 on 618 Fibonacci Retracement. Software + Medical billing. Make own decisions and let me hear your opinion on this company. Total debt <$10 of Mkt Cap, no dividend, and healthcare through any mobile device.
TELADOC HEALTH INC HAS 18 WEEK HS TOP FORMED, A BREAKOUT HAPPENED. SHORT POSITION CAN BE INITIATED.