HaleyZhao

Downside Risk: TDOC Broke 10 WMA in 225% Volume

NYSE:TDOC   Teladoc Health, Inc.
TDOC, which is a darling in the Covid pandemic has downside ride because of the break of the 10 week moving average. This is highly risky because they are currently in negative cash flow with a yearly estimated EPS of -$1.36/share. If the bull trend continues would not be surprise of a quick recovery in about 3 week by hitting the 40WMA of about $150 then bouncing back.

Learn more on Stocks Over Coffee Podcast

All ideas are for information purposes only. I may or may not invest in the stocks discussed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.