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gumoca
Aug 15, 2022 1:47 AM

$TDOC $70c for Oct or Dec.  Long

Teladoc Health, Inc.NYSE

Description

I've been following these waves in TDOC, and I think it is primed for a pump. Kathy has been buying for the ARK funds recently and accumulating with small sizes yet consistently to put a floor on TDOC. Using the Fib retracement from the recent top at $77.94 the stock had a nice closing last week slightly above the 23.6% fib, which perhaps could mean that the momentum can continue towards $45, and then maybe lateral from $50 to $70 by October-December. I think December calls are a safer bet. Strikes I'm looking are the 70s and 90s.
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