Ive been eyeing TDOC for some time, finally posting a chart on it talking about TA developments that may indicate a potential bottom area earlier this week (Check below for the link to that chart). I was also in the camp of TDOC going lower to the low $20 or high Teens ($18-19).
This weeks move of 30%, closing the weekly candle at 20% gains was a wonderful...
Been nibbling at this one for a while, finally had time to check monthly MACD ......we have a geen cross. Very hard to ignore. Adding to longs here. triple bottom on Daily also
Triple Bottom on TDOC, have no clue what these people do but I know when macro changes this dogshit will pump more then the rest. At home doctor narrative coming back of course. Market makers just keeping it from going to zero now with classic patterns, I will start dipping my toe for long term cap gains swing positions on this move.
Bullish on TDOC as a long term hold. If price closes the weekly above the resistance and trendline line then this dip to previous range high was a bear trap
TDOC broke and retested downward trend line and horizontal support. It has 20 and 50 ema dynamic supports underneath (4 hour). Target would be $146 resistance which is in line with the 200 ma on the 4 hour. - 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,...
June 22 2020 – Top Stocks To Buy And Watch This Week
Go to the Invest2Success Blog and or Contact Me for the Details
NASDAQ:DXCM
NASDAQ:FIVN
NYSE:WST
NYSE:TDOC
NASDAQ:WING
NYSE:ABT
NYSE:MDT
NASDAQ:TNDM
NASDAQ:PODD
NYSE:RNG
NYSE:TWLO
NASDAQ:ZM
NASDAQ:MSFT
NYSE:EPAM
NYSE:NET
$DXCM #Dexcom $FIVN #Five9 $WST...
