G13Man

TDOC buying out LVGO , overpriced ?

NYSE:TDOC   TELADOC HEALTH INC
TDOC is buying out another medical services company that also works in the virtual care platform
already the LVGO stock has gone over the value of this merger and lawyers are taking clients to sue
i Had to re-align my channel to fit the dropping price of TDOC as people are selling out of this merger
although a lot of em say they will buy back in aat a lower price [ same with LVGO ]
i usually like to see the mid line touch more in the middle area
Comment:
Comment: it seems both companies dropped a bit on the merger news

Comments

Good
+1 Reply
G13Man Rolandmele
@Rolandmele, thanks
it basic charting connected to an idea
+1 to help u get to being able to post UR charts
Reply
Habitually great analysis...
+1 Reply
G13Man Annakowalska
@Annakowalska, thanks , but at best i am average
it basic charting connected to an idea
+1 to help u get to being able to post UR charts
Reply
Worth watching for sure. LVGO has had a ballistic move since march and while tele med trend is hot lvgo's numbers never looked very good. Seems like hype cool runner ipo sort of unsustainable moves. Not that they cant continue but trailing for a breakdown seems like a good idea.
+1 Reply
G13Man chartmojo
@chartmojo, thank , and thanks for UR positive comment for other readers on what is possible
Reply
Great analysis as usual
+1 Reply
G13Man ZenMode
@ZenMode, not as good as some of yours , but i like to document symbols so u can reference em before bankruptcies or mergers cause the symbol is lost
i mean some have done a simple thing as a name change , and i lost all my notes
Reply
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