$TDOC Bull Flag - Unusual Options Activity - Earnings today post close
Bullish options activity today - $1.7M earnings bet on 70.00/75.00 strike March calls. 8k traded vs OI of 1k
Near term target - $76.00
Note: Informational analysis, not investment advice.
Having broken its descending resistance and closing at the fib (1) 66.13 Im looking for TDOC to rally to new highs. First target $81 which in my opinion should happen quickly and then $88+. Fundamentally their niche industry is growing fast and they could easily be a take out target.
NYSE:TDOC found resistance around 61.48. if it clears this resistance, it's got a lot of room to run. Buy above 61.50 with a stop below 59.48.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Teledoc medical billing is crossing over the weekly MACD after recent drop. Entry point just over $63 on 618 Fibonacci Retracement.
Software + Medical billing.
Make own decisions and let me hear your opinion on this company. Total debt <$10 of Mkt Cap, no dividend, and healthcare through any mobile device.
Selling January 50/45 Put credit spreads for .70 , normally risk would be $4.30 but I will take profit on the 45 long put if we plunge and roll the short 50 put out in time (not down) and possibly just take assignment and write calls (depends on the premiums) Already reduced basis in this name and continue to like the company but not the price .............of all...
TDOC medical billing software showing good entry per DPO and CCI from recent decline in value. Good CAGR rate, no Div., positive, near 50% Earnings growth rate the last 5-yr. and nearing profitability, not expected until 2020-2021.
4.4B company in medical billing