1) RSI's 2 moving averages have crossed already each other. Purple one went above green one and it is buy sign. Also RSI's Resistance Line was broken.
2) MACD shows that: Upper trend is gaining power because green bars are lengthing and it is dark green not light green.
3) Momentum Resistance Line did not work. Momentum increased a lot but it is still less than 0....
TDOC provides video therapy and telehealth services. They blew up their stock price buy wasting 12Bn on a useless acquisition because the executives got a bit too excited and horny to spend their cash during the COVID bubble. Nonetheless, revenues are linearly growing, and American mental health is in rapid, precipitous, unstoppable decline.
There is some concern...
Teladoc Health Inc. (NYSE: NYSE:TDOC ) once stood as a beacon of hope in the realm of healthcare innovation, poised to revolutionize the way people access medical services through telemedicine. However, what was once a soaring success story has now become a cautionary tale of overambition and strategic missteps, as evidenced by the company's staggering decline in...
Covid cases not hitting peak yet... long multi year downtrend. Getting some upside lately.
Decent r/r .. risking a bit over a dollar to see if it gets back to test that $30 mark
Founded in 2002, Teladoc predates the widespread adoption of telemedicine by almost a decade, making them a true pioneer in the field. In 2015, Teladoc became the first pure-play telemedicine company to go public, marking a significant milestone for the industry.
Impact and Growth:
1. Increased Access to Care: Teladoc has made healthcare more accessible for...
some big player is shorting this issue in accordance to earnings and forward cashflows..
this Covid Sweetheart is getting a reset..
re org change CEO and board then re pack for the next 4 years
Here is a view of the TDOC chart on the daily time frame.
What we see here in is a clear downtrend in the stock TDOC.
If you take a look at yesterday's price action it was higher than normal volume with an initial flush down.
After the initial sell off TDOC had a great reversal and went positive on the day putting in what is known as a bottoming tail.
The...
Looking like a new low will be established.
Bad structure.
Some retail who have been buying thinking it is cheap here..
it will get cheaper..
19.
How much more can Cathie handle..
trying to form a base , against all technical rules im trying to catch a falling knife as some time being a contrarian pays off , solely concentrating on the risk / reward element , base building going on last few sessions , long 18.75 add 18 stoploss cls below 16 , adding more on break out above 20 and trailing stop with every move to save position
I bought this stock a few weeks back waiting for a break out. Finally happened and now it is pulling back to test the broken upper vertex. I'm not adding, I already have a good position here. But It is a good time to jump in. The company already had its earnings call and was good. The $22 zone is a strong support so if for some reason the price is pulled back to...
This chart is hilarious lol. Building a long here, 33% in- will add once I see more confluence. Company apparently is making money. Real product, real people. Down horrendously, 95% +. 1-3 month trade. Not advise. Good luck.
If you have been following me on StockTwits you know that I traded into July Earnings. After a nice pop to $30 to retest the top of its trading range it’s been shorted back towards the bottom of its trading channel.
To be clear NOTHING about this chart is Bullish except for the fact that it has previously bounced in the $21.50-23.00 area. I am not seeing any...
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...
NYSE:TDOC has been showing positive divergence on both the RSI and MACD over the past year+, and if price can break above the resistance zone where it is now currently consolidating in, a larger move could be in play over the next month or more. Taking August calls.
TDOC had a good earnings report and a breakout on the weekly pennant. Orange lines are resistance. If it breaks the top resistance, we can see mid $70s. Overall market trend can hold this back.
If you haven`t sold TDOC here:
Then analyzing the options chain and chart patterns of TDOC Teladoc prior to the earnings report this week,
I would consider purchasing the 20usd in the money strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $5.90.
If these options prove to be profitable prior to the earnings release, I would...
