PT_Marche

TDOC potential long play

Long
PT_Marche Updated   
NYSE:TDOC   Teladoc Health, Inc.
Going to watch this and see what unfolds. If I can get it, I'm hoping for a very slight pull back and for it to hold in the grey support/demand box. If it holds there, I think it has odds in its favor to try and make a pretty nice run up.

If able to find a good entry, my first target up will be around $225. My second target upwards will be the $250 price area.

TDOC options premiums aren't too bad, so hoping volatility stays or drops a bit more. I'll look to enter a call debit spread on this play going about 45 days out to give it some time. If we can get above $213 and find support above the downtrend line it is currently under, I think that could be viewed as very bullish and hopefully trigger more buyers to jump on board.
Comment:
Got that small down move to just about the grey box before rocketing upwards!

I only was able to enter one small call debit spread. I did not get the actual full trade entry I wanted and I will always be honest about it; I'll never sit here and say "big play big profits" or "awesome entry on this one" just to make me look good.

For this one, I only grabbed a single call debit spread so not nearly close to what I truly wanted. But, if anyone did see this post and acted more aggressively on it, glad you did!

currently, it is in a small supply zone, so I already closed my tiny debit spread. I will update a new chart publish post after I enter this update!

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