Buy Signal: 187.07 #stocksIngenuity Trading Model
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
4LL trade ideas
$TDOC Teladoc reversal targets as Covid Rhetoric intensifies
Increased covid fears may help a recovery in TDOC after a 33% decline from the Aug high.
RSI seems to have bottomed.
Volume this week may be the capitulation needed to form a bottom.
Stock managed to close above the 200MA .
Possible day trade targets $190 & $193
dependent on NQ strength
$TDOC ATH Projection going into January 2021Based on Tsla fractal
Now $182, weekend following Biden as president elect, anti social stocks (ZM, TDOC) taking a hit from market's bullish outlook of Biden's presidency, while in person traffic stocks pump (amusement parks like $dis and $seas)
Prediction: Pfizer's vaccine and Biden's covid taskforce news are providing momentary relief and comfort that we're in proper hands to get out of this pandemic, which I believe is the cause for the dip in $TDOC. However, cases are still rising, and there is still a factor of the American population that will deny receiving the vaccine treatment based on conspiracies. Hospitals will be over flooded with patients, forcing this service to gain momentum in the coming months.
Looking to see $TDOC hit all time highs in January, well over $300.
Long term projection: $1k by 2022
Livongo (LVGO) to Teledoc(TDOC) Merger SuccessLivongo (LVGO) to Teledoc(TDOC) Merger Success
Quick focus before sleeping:
Outlook for the company is strong in a quarterly bases: www.fool.com
COVID-19 is still ramping havoc on the world; and, winter 2020 is about to come. It is November now.
This company is positions globally as well to take advantage of its market.
Conclusion:
continuation of fundamental and technical trend
currency price of TDOC: 200.98
tentative target: 500
Bottomed the trend and earnings tomorrow The earnings report tomorrow is anyones guess, but as covid has kept people home, I'm pretty bullish on it. The last earnings report missed the analysts estimated target by a considerable amount, although staying within trend, it has set the stock up fo a nice position for good gains ahead in my opinion.
I can see this type of industry expanding as society changes to the new norm