T2DH34 trade ideas
TDOC - Patience for optimal entry.Teladoc Health to Merge With Livongo to Improve Services
Teladoc Health, Inc. TDOC recently entered into a definitive merger agreement with Livongo Health, Inc. LVGO, which is an Applied Health Signals company. Subject to customary approval, the cash-stock transaction valued at $18.5 billion is likely to conclude by the end of fourth-quarter 2020.
Upon closure of the transaction, the existing shareholders of Teladoc Health and Livongo will own around 58% and 42%, respectively, of the combined company.
Benefits of the Deal
The merger of the companies, both of which already excel in virtual health and chronic condition management, will create a comprehensive virtual healthcare delivery system. This, in turn, will result in improved health outcomes and reduced costs across the healthcare ecosystem.
Moreover, the platform of the combined company will be equipped with AI+AI engine-driven “nudges”, health coaches, therapists, board-certified physicians and specialists. The platform will also provide consumers access to real-time information and demonstrate ways to manage their well-being.
TDOC buying out LVGO , overpriced ?TDOC is buying out another medical services company that also works in the virtual care platform
already the LVGO stock has gone over the value of this merger and lawyers are taking clients to sue
i Had to re-align my channel to fit the dropping price of TDOC as people are selling out of this merger
although a lot of em say they will buy back in aat a lower price
i usually like to see the mid line touch more in the middle area
Queuing to see the Teladoc at 195Last night, Teladoc which has been going up for more than 200% since the beginning of 2020 has a sharp fall of nearly 16%.
It is highly likely that it will have a pull back tonight and I expect the price to head further south towards 195 price level before I take a long shot.
Read latest news here
See our calls in Feb and May 2020
TDOC - 11.24% Potential Profit - Ascending TriangleClear Uptrend Corridor with Support and Resistance confirmed multiple times over the past 2 months. Ascending Triangle formed within, breaking through consolidation.
I would place a limit entry order to confirm the new support.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $238.65
Suggested Stop Loss $232.37
Target price $265
Teladoc - Breaking out / uptrend- Teladoc operates in the virtual healthcare world and is well positioned in the current COVID business environment
- Its in a steady uptrend and is breaking out of a bull flag pattern
- Stop loss can be placed under the last swing low, no take profit as will be aiming to follow the trend on this one.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
NYSE:TDOC
Scalping Method-Level 1 -2Using our scalping method, you can see and look for right signal to "GO IN" and when to get out with our indicators (level 1). With level 2, you incorporate along with level 1, we use and watch for bars patterns ( 3 white soldiers, 3-4 bars up/down, bullish-bearish enguffing, razor blades, shooting starts, moring stars and dark cloude covered to help us execute our trade with confident.
TDOC analysis in 15min (TESTING) this chart will go up agine after the next green candle so wait for it
TELADOC HEALYH PublicationHey traders, TELADOC HEALYH is in a pressure zone that it could break, strong sales volume in one of the last previous sessions, possibility of breaking out the balance zone or even the one above if there is a strong buying push.
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TDOC benefits from negative Covid newsLong above box to targets or wait for pull back long entries at bottom of box and targets below.
The market could sell of on negative Covid news and this name could still rally.
TDOC undergoing consolidation and trying to form a bullish trendNYSE:TDOC Stock is undergoing consolidation. Volume increased to 3.42M shares against 2.99M avg. Not a lot of spike in volume as investors are still not sure of the stocks bullish trend. The stock will take some more time to prove that bullish trend is underway. As US states are seeing a spike in COVID19 cases, investors are unclear whether partial or complete lockdown will occur again.
OBV needs to clear the previous high point which needs more 1-2 trading days.
$TDOC Teladoc Breakout Targets
Alert set for break above $205 as COVID pandemic dominates the news once again.
Caution needed as RSI is overbought so may very well need to work that off.
Will be using Fibonacci levels as targets.
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TDOC back above the weekly 9emaTake long above the box to targets above or short below box to targets below.
Tarkets = dotted lines. Can also try a pull back long from targets below box.
