Trading Idea - #Teladoc

SHORT against Cathie Wood! Time is too young for this innovation! :-)

ENTRY: 152.20 USD
TARGET1: 86.30 USD
TARGET2: 58.90 USD (+61%)
STOP: 208.30 USD

Teladoc Health provides virtual healthcare services on a business-to-business (B2B) basis to its clients and provides services to consumers directly and through channel partners. The Company's consumer brands, including Teladoc, Advance Medical, Best Doctors, BetterHelp and HealthiestYou, provides access to advice and resolution to a range of healthcare needs. Its technology enables consumers to manage their own electronic medical records. It also provides access to a message center, provider finder, image upload capability and enable real-time sharing capabilities with providers that includes visit scheduling. Number of employees : 4 400 people.

1.) Teladoc broke through the short-term support area easily! Usual indicator to continue downward trend!
2.) Q1 Net Loss Expands as Sales Advance
3.) The largest stake in the Ark Genomic Revolution ETF is Teladoc Health. The company is the most heavily weighted stock in the fund at 7.44%. Teladoc rose to a record high earlier this year and has since fallen 34%.
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