A close above the orange line could push TDOC to $400. *Just free advice, not financial advice. We love to share what we do. - HH
TDOC presents us with a good risk vs reward opportunity when taking into consideration both the fundamental and technical analysis. Fundamentally, Teledoc is a giant in the tele health sector and with the future moving towards online, It would not be surprising to see Teledoc trade at much higher prices in the near future. - HH * This is not financial advice,...
Reached the fist price target of $125 and pushed higher into the $130s which was great to tag some fib extension levels. I have two alternate counts on this one because, with EW, it's never an exact science and the best thing to do for yourself is just try to prepare so there are not any surprises and adjust as you go. Primary Count (White numbers in circles): -...
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...
TDOC is setting up nicely for a break of the wedge/pennant. A long position could be taken if we break and stay above 209 for a day. Immediate targets are on the chart. Trade safe.
Moving along the upward trend channel. Having spent Aug consolidating in megaphone, TDOC looks ready to breakout to the upside. Measured move to 275-285. Position: Long Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
Clear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation. I would place a limit entry order to confirm the new support. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $238.65 Suggested Stop Loss $232.37 Target price $265