Crazy Cathie Classic. Not too interested in TDOC, but I am looking for wycoff accumulation structures. Monthly RSI is close to oversold with monthly bearish momentum on MACD decreasing. Additionally, looking at the volume profile, the price at which most shares exchanged hands is at $34.43 which coincides with The Golden Pocket Ratio between $31.17-$34.89. Time to...
broke from consolidation but only for a second and now its back! need to wait for clear break of trigger to avoid getting trapped.
long trigger 44.66 / short trigger 32.95
Looking at the Teladoc Health TDOC options chain today, i would buy the $35 puts with
2022-8-19 expiration date for about
$1.49 premium.
Looking forward to read your opinion about it.
Teladoc is sitting on an amazing business, with a great valuation but with a better infrastructure to address issues that only will get worst with time, as mental health step by step becoming something more important, jobs offering insurance with these types of coverages, thanks to the start-up mentality I´ve seen it for my own eyes how in two different companies...
I posted the bigger picture view in my previous post where I provided the context for this idea, which is my near-term projection with 2 most likely paths of price action from current level)... see context overview below:
To summarize:
- the main pattern I am watching is the completion of wave C of an expanded flat - this is potentially wave II of a larger...
I get it, looks like a cluster f***.. Only so much I can do to capture full picture over entire public history, so plz read below (this chart is merely to provide context for my forecasts which I will cover in my main post after this):
TDOC is not dead, its not a broken chart - rather, there is indication using elliot wave that this is a potential monster that is...
Teladoc Health
Short Term - We look to Sell at 32.97 (stop at 37.50)
The medium term bias remains bearish. There is no indication that the selloff is coming to an end. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 21.64 and 15.19
Resistance: 35.00 / 59.00 /...
Teladoc is range bound atm. We might have this range for a long time. best trades are to long the low and short the top.
We got a rejection from the POC of the range and are making our way down to the golden pocket, HVN and an orderblock.
If we loose this level i am looking down to the bottom of the channel.
As being in the channel we are also in a descending...
Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company headquartered in the United States.
Trading at 72.9% below our estimate of its fair value
Revenue is forecast to grow 18.84% per year
As per picture $TDOC seems quite close to complete a full bull cycle. I reckon in the next months it will be a good idea to start to accumulate again. Not bad company after all to buy if price becomes reasonable again.
After getting wrecked from ERs, TDOC seems to have found a bottom for now. It has also entered a gap from the drop.
I would wait for a new high (yellow rectangle) and then target $50
Looks like a good range to start accumulating Teladoc, I would never buy anything based on Cathy Woods purchases more so i would usually avoid them although, Teladoc is down 90% from its all time high and has created this beautiful Harmonic Shark pattern which cannot be ignored
Buys all in the Blue box if you can get for $12 would be the ultimate buy imo. Stop loss $9
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $63.85 / $61.58
Target Price: $61.73 / $58.95
Stop Loss: $65.97
