Iron Condor TDOC - Feb19expCollect 2.80 on 165/155 p 240/250 c
BE 247.20 and 162.20 ...
Delta +1.54
Theta 4.619
PO 67%
TDOC trade ideas
Doctor PinballI have $TDOC bouncing around between support and resistance until they report earnings. Assuming the market is still bullish. Once earnings are announced, the fate of $TDOC will be uncovered. $LVGO MA working? other previous MA's working? Profit margins? Forward looking statements. The analysist will be all over this
50Day/200day moving average about to converge? - The gold crossHallelujah!
Teladoc is a stay at home stock with great fundamentals. Going into lock downs at Christmas has to vouch for them.
The last earnings call was very disappointing, but it's had time to cool off and now showing some higher lows.
I believe people are now getting ready for the next quarter earnings call (perhaps to sell into them).
The golden cross could just be around the corner. Biblical!
Setting up to break through important resistanceTDOC is consolidating below an important level of 200. There remains little buying beyond this level, however, buyers seem to be stepping up. Both anchored VWAPs from ATH and bottom of the break down and may serve as support and resistance levels. If it break 200 at good volume and closes above the anchored VWAP from the ATH, it has a potential to retrace back to mid 200's.
TDOC, enters Downtrend as Momentum drops below 0 level on Dec 14This indicator may be signaling that TDOC's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. Tickeron's A.I.dvisor backtested 81 similar cases where TDOC's Momentum Indicator fell below the 0 level, and 68 of them led to a successful outcome. Odds of Success: 84%. Current price $195.72 crossed the resistance line at $194.71 and is trading between $201.36 resistance and $194.71 resistance lines. Throughout the month of 11/11/20 - 12/14/20, the price experienced a +7% Uptrend, while the week of 12/07/20 - 12/14/20 shows a -1% Downtrend.
Bearish Trend Analysis
The Stochastic Indicator may be shifting from an upward trend to a downward trend. Tickeron A.I. detected that in 55 of 74 cases where TDOC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 74%.
The Momentum Indicator moved below the 0 level on December 14, 2020. You may want to consider selling the stock, shorting the stock, or exploring put options on TDOC as a result. In 68 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 84%.
TDOC moved below its 50-day Moving Average on October 30, 2020 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for TDOC crossed bearishly below the 50-day moving average on November 03, 2020. This indicates that the trend has shifted lower and could be considered a sell signal. Tickeron A.I. detected that in 13 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 87%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where Apple declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 74%.
The Aroon Indicator for TDOC entered a downward trend on November 18, 2020. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
$TDOC - 2021This stock struggles with the $200 level, to say the least.
I still like grabbing the dips to increase my position for a 2021 take off.
It has 138% YTD growth and ARK has it in three of its ETFs.
That's good enough for me. Technology enabled, in the top 10 of 3 out of 5 of ARK's ETFs. I will continue to build my long term position.
