T2DH34 trade ideas
TDOCTDOC is gearing up for a breakout IMO and I expect it to runnnnnnn! They are in a huge growth business and UNH is offering TDOC to their millions of members as of a few months ago. TDOC offers telemedicine services which employers are promoting like mad to their employees as a way to offer a $49 alternative to the ER or Urgent Care because many people use the ER for non-emergent reasons and costs $1400 on average. I'm extremely bullish long term on TDOC and their competitors.
TDOC - Revisited (again)So TDOC had a beautiful breakout on huge volume out of the ascending channel as expected (followers had another chance in the low 60s). It has started to consolidate between $76-$82. It was up $4 yesterday on decent volume. I believe this breakout is for real. Looks a little overbought right now and I suspect it will come test the breakout area around $73-$74. I think this one makes a new high in 2020. Smart business plan and great execution. Virtual doctor visits are the wave of the future.
$TDOC Teladoc blows past long term resistance. $70 has finally broken and a 10% move today has forced the very high short interest (36%) to cover their positions.
If the move was missed, it is wise to wait for the previous resistance to be back tested as support, this is healthy and very bullish when complete.
Don't be the last one to the party today.
This is a thriving sector that deserves a portion of any portfolio.
Teladoc CEO opening statement
"With positive momentum coming out of the third quarter and good visibility into the fourth quarter, we're raising our revenue and visit guidance for the full year 2019. While Mala will delve into the specifics of the quarter shortly, I wanted to spend a few minutes highlighting the strong execution that underscores the quarter's momentum and serves as the foundation for long-term growth.
In the third quarter we saw the greatest population expansion in the company's history as more than 17 million people gained access to Teladoc. This significant increase was driven by our entrenched distribution footprint across channels, in particular, the accelerated momentum and health plans. The largest population on-boarded was UnitedHealthcare's 15 million commercial members. This marks the first and only fully integrated virtual care offering within the UHC experience as highlighted by their recent press release."
Company profile
Teladoc Health, Inc. engages in the provision of telehealthcare services using a technology platform via mobile devices, the Internet, video and phone. Its portfolio of services and solutions covers medical subspecialties from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure. The company was founded on June 13, 2002 by George Byron Brooks and is headquartered in Purchase, NY.
TDOC - revisitedStill looking good. Was on sale for a little while since my last post but we knew it would want to test the $60 level one more time. I think this is really close to a break out. Indicators solid and price action encouraging.
Comeback coming up$TDOC is showing a comeback and I'm looking to go long again. Broke out over $72 resistance, 50-day EMA crossed over 200-day EMA. I'd watch the MACD and the RSI because they are showing short-term bearish signals. I'd wait a few days to see how the price acts.
TDOC - Follow-upLooks like it wants to test that support line. Amazon foray into space sent stock down. Watchlist item for sure! Virtual doctor's visits sounds about right!
Shorts getting squeezed in Teladoc HealthHuge short interest of 34%
Sentiment has turned positive on healthcare
Analysts commentary bullish.
Huge Volume.
Breakout imminent from ascending triangle.
Company profile
Teladoc Health, Inc. engages in the provision of telehealthcare services using a technology platform via mobile devices, the Internet, video and phone. Its portfolio of services and solutions covers medical subspecialties from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure. The company was founded on June 13, 2002 by George Byron Brooks and is headquartered in Purchase, N
Teladoc Health rallies on UnitedHealth partnership.AVERAGE ANALYSTS PRICE TARGET $82
AVERAGE ANALYSTS RECOMMENDATION BUY
SHORT INTEREST 33%
COMPANY PROFILE
Teladoc Health, Inc. engages in the provision of telehealthcare services using a technology platform via mobile devices, the Internet, video and phone. Its portfolio of services and solutions covers medical subspecialties from non-urgent, episodic needs like flu and upper respiratory infections, to chronic, complicated medical conditions like cancer and congestive heart failure. The company was founded on June 13, 2002 by George Byron Brooks and is headquartered in Purchase, NY.
TELADOC (TeleHealth)TDOC with great technicals.
RSI(10) @60 reaching higher
OBV on higher highs
ADX(14) @24
DI+ > DI -
$TDOC Bull Flag - Unusual Options Activity$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.
TDOC : Put Credit Spread with intent to ownSelling 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 equities. I could get stuck between strikes, so I will look to leg this trade quickly if sellside continues for the rest of the week.
TDOC LONGHaving 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.
Could go back up to 64 soon!!!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.
