TeleDoc BearishTDOC formed a AB=CD pattern and achieved T1 and T2.
Going down to buy target of $125 soon.
T2DH34 trade ideas
TDOC First Target $146TDOC broke and retested downward trend line and horizontal support. It has 20 and 50 ema dynamic supports underneath (4 hour). Target would be $146 resistance which is in line with the 200 ma on the 4 hour. - HH
TDOC run incoming?TDOC looks ready to breakout. RSI is strong, Engulfing candle 2 days ago followed by a gap up. Don't love the upper wick on the trendline but I think TDOC breaks above it on increased volume tomorrow on another small gap up. Already in calls, may add more if we get a break and retest.
TDOC: Long term upside potentialLots of technical readings going on at TDOC's chart!
ABC correction wave
Double bottom at support area
Weekly Spinning top + hammer pattern
Momentum is slowly picking up
Should be 1 to hold for the long term.
Target profit 1 at $180; just to lock in some profits
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
$TDOC At SupportJust made an entry with $TDOC at this support area. It is just the first entry out of 3 possible ads to the position.
Great Risk reward, everything will be just fine if you respect your Risk/Reward. :)
Pull Back FishingDescending triangle. TDOC may be at the bottom if the bottom does not get any deeper. If support line is broken, then maybe time to run.
Price is inside what appears to be a descending triangle. This is a neutral pattern until a trendline is broken and a trend has formed in that direction. Any triangle is a neutral pattern and can break to the upside or the downside. Descending triangles do not always break down and ascending triangles do not always break to the upside.
The top trendline is resistance, the bottom is support.
NV is high on this one. Short interest is 12.11% and the short ratio is 7.9. This is a bit on the high side. The short Interest ratio is a simple formula that divides the number of shares short held short of a stock by the stock's average daily trading volume. Sometimes used interchangeably with "days to cover". "Days to cover" measures the expected number of days to close out a company's outstanding shares that have been sold short. It computes a company's shares that are currently shorted divided by the average daily trading volume to give an approximation of the time required, expressed in days, to close out those short positions.
No recommendation
$TDOCTeladoc Health's shares skyrocketed nearly 140% last year. So far in 2021, though, the stock is down close to 30%.
The average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives TDOC stock a score of 29 out of a possible 100. That rank is mainly influenced by a short-term technical score of 10. TDOC's rank also includes a long-term technical score of 13. The fundamental score for TDOC is 65.
In addition to the average rating from Wall Street analysts, TDOC stock has a mean target price of $208.88. This means analysts expect the stock to gain 48.25% over the next 12 months.
I think TDOC is absolutely here to stay.
Telehealth will grow, and beyond Telehealth, virtual care in general.
Chronic disease management, I think it was a good acquisition for Teladoc. I thought it brought a good platform into its lineup, and there's a great opportunity for cross-selling there.
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After a long battle to hold its price since late February TDOC had finally formed a falling wedge on the daily chart.
It’s starting to look very clean here for a continuation up.
A clean break on the falling wedge.
RSI breaking above 50
& the MACD curling
I suggest keeping this on your watchlist.
- Factor Four
Invest in this for longtermThis would be a good one to just keep it in the portfolio. I think the price is right to enter.
ARKK loading up to average down?Similar to zoom recently Cathie will add stocks on the dip, especially if they are below here cost average. If she doesn't... well you see this is a bidirectional chart. As her #2 holding in ARKK I am wondering at what price she believes this is cheap.
TDOC trendTDOC still didnt break the down trend line after earnings.
COVID cases should push this stock up back again to $200+
TDOC trying, watch for a breakout in the next few weeksnice bounce off support zone for TDOC, 3 big bounces off 132 in the past 4 months. over 147 resistance we can look for a rally to 157 and then up to 175 if the rally continues! goodluck <3
TDOC Bullish Divergence Daily Timeframe1. Bullish divergence on daily timeframe
2. OBV is increasing but price is decreasing
3. Post earning release period
4. SL 130.
5. Accumulate within the range 133 - 140. Average out.
Falling Wedge- Watching CloselyBroader market conditions permitting, will be looking for a breakout from this falling wedge- just some support and resistance levels and some RSI based supply and demand zones to keep an eye on- bullish
TDOC more downside to come.TDOC looking a little bearish in the short term. Bear pennant formed, ready to break to downside on any NASDAQ weakness (which we are almost guaranteed to get this week with this fickle market). Playing $148 puts.
TDOC - Bullish Divergence Higher LowPotential Trend reversal as bottom has been established.
Bullish Divergence rebounded and forming a Higher Low with strong volume.
Currently forming small support near 145$ , with potential trend reversal.
RSI Seems to be rejecting below 40, indicating uptrend strength.
TDOC will retest 133TDOC broke support trend line. And weak on sell off in the market. Will test the 133 low again.
TDOC prolly retesting support at 133The wick on weekly candle tells the story. Even though there’s a trend line on daily candles, my money is on the weekly candles telling the truth.
Great setup$TDOC
Tightening up on the lower timeframes within the larger pattern hovering just above a fib level of mine battling the 50 SMA (curling up).
I like this for a bullish move & have a starter. Will add if it flushes to the lower trend.
TDOC Long term runnerExpecting much higher prices out of this stock. If.618 area holds, this is a great zone to load long positions for a 1 year minimum hold.
TDOC potential rising wedge break downAfter a weird ER, TDOC seems to continue in its initial plan. Rising wedge, potential break down before September. Don't fret longs, it will fall into the big box, I call it the loading zone. Avg down in there. Watch for a short term pop to 150, candle sticks seem bullish.
