21/4/2022 NYSE (TDOC)Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $63.85 / $61.58
Target Price: $61.73 / $58.95
Stop Loss: $65.97
0LDR trade ideas
$TDOC Q2 Potenital Scenario - Long EarningsEarnings estimates for last quarter were more than 8 orders of magnitude off from the reported.
www.nasdaq.com
Should this trend continue, and $TDOC sees it's first ever positive EPS, we could see a rally in Q2 where price re-tests some key levels.
(Disclosure: I have long exposure to $TDOC with a DCA of around $70)
Bye bye downtrendYes, we already broke the channel once, but that was due to news ->"AMAZON + Tdoc partnership". This is the first time we break the channel organically.
TDOC : Bounce ar 48 or continued free fall?Coming to a major support on the monthly!
Lots of volume and a stressed out retail investors.
I believe there certainly will be a bounce
Do you think we will see a reversal or continued downtrend?
TelaDoc Health (NYSE: $TDOC) Appears Massively Oversold! 🏥Teladoc Health, Inc. provides virtual healthcare services on a business-to-business basis in the United States and internationally. It covers various clinical conditions, including non-critical, episodic care, chronic, and complicated cases like cancer and congestive heart failure, as well as offers telehealth solutions, chronic condition management, expert medical services, behavioral health solutions, guidance and support, and platform and program services. It serves health employers, health plans, hospitals, health systems, and insurance and financial services companies. The company offers its products and services under the Teladoc, Livongo, Advance Medical, Best Doctors, BetterHelp, and HealthiestYou brands. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was Incorporated in 2002 and is headquartered in Purchase, New York.
Teladoc Short-Midterm OutlookPrice target is $59.5 which is between the 1.618 and 1.786 fibs, and also confluent with the 1000 week EMA & 200 Month EMA.
Earnings watch 2/22 post-marketEarnings watch 2/22 post-market:
TDOC
SPCE
MELI
PANW
FANG
MOS
RIG
CZR
O
MTDR
Being that the entire global futures are red currently, maybe there's a diamond in the rough for earnings or even an opportunity within the chaos. I definitely feel bad for companies that are releasing earnings this upcoming market week. lol.
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Newsworthy current events
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pi RSI - trend momentum
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Teladoc Health (NYSE: $TDOC) Looking For A Rapid Reversal! 👨⚕️Teladoc Health, Inc. provides virtual healthcare services on a business-to-business basis in the United States and internationally. It covers various clinical conditions, including non-critical, episodic care, chronic, and complicated cases like cancer and congestive heart failure, as well as offers telehealth solutions, chronic condition management, expert medical services, behavioral health solutions, guidance and support, and platform and program services. It serves health employers, health plans, hospitals, health systems, and insurance and financial services companies. The company offers its products and services under the Teladoc, Livongo, Advance Medical, Best Doctors, BetterHelp, and HealthiestYou brands. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was Incorporated in 2002 and is headquartered in Purchase, New York.
TDOC: Is that a diamond reversal?After falling 78% from 2021 peak around 307, TDOC finally show signs of a potential diamond reversal.
TDOC the future of Healthcare? Cathie Wood`s biggest bet in telemedicine is Teladoc Health Inc.
She wants said Teladoc is the future of healthcare.
Now sitting at a strong support level. I expect a bounce from here!
52 Week Range 66.50 - 308.00
TDOC has a MARKET CAP of 11.931Bil.
At this discounted price it can be a buyout from AMZN or others.
Credit Suisse Group has a price target of $207.
Looking forward to read your opinion about it.
TDOC as 2022 risk pick?TDOC Stock looks very promising for bulls. If earnings brings good results, this might be rocket to the upside.
RR is there.
A lot of momentum tech stocks are looking like this With over a 75% crash stocks like TDOC have come down to price levels they were below covid. These are large consolidation zones from before which should act as a huge support.
TDOC Buy-Zone: 85 - 102
Why bullish?
1) 5-years trendline crossing with 2-years downtrend channel at 85 and also gapfill at 85. so buy-zone is between 85 and 102.
2) Q3 earnings better than expected.
3) TDOC has contracts signed with some big players that is not counted in their sales until next quarter. so Q4 will rock.
4) possible lockdown winter. aviation stocks are bleeding again because of omicron news.
in 2 weeks biontech will tell if their vaccine is strong enough for omicron variant. if not, stay-at-home stocks will rise again. (like zoom, roku, pton, tdoc)
5) winter is a gain for TDOC. Even if you just catch cold, you will think its covid. so healthcare will be stressed during winter, overcrowded waiting rooms etc.
what would you prefer, sitting in a room with potential covid patients or a simple video call?
6) if new users get satisfied, they will become long term users, thats how innovation companies grow!
2 bottom scenarios:
A) $100: Risk to reward is nice here, LONG 101, SL 99. after 99 I would watch where it goes.
B) $85: rock bottom. I cant imagine that TDOC will break that support. (see chart)
risks and warnings:
global inflation is at historical highs. volatility could trigger domino effect.
if bubble stocks like Tesla fails, it will drag down innovation stocks.
keep an eye on ARKK innovation ETF (Top Assets: 9.56% Tesla, 5.76% TDOC, Zoom 4,36%, Roku 6,48%)
(not investment advice)
TDOC worth accumulating here? TelaDoc at a Major support zoneLike many "Covid" stocks, TelaDoc has been decimated.
Price is at a serious support and possible correction end.
Might be a starting point for "Dollar Cost Average" entries.
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
TDOC: SOME POSITIVE SIGNSTDOC :
One of Cathie Wood's big holdings.
After being totally destroyed TDOC stock is showing some positive signs of a reversal :
1. Hammer candle on daily (which will have to be confirmed by one or two more candles, i.e. follow through).
2. Bullish divergence RSI-PRICE
3. Price just below historical support-resistance zone . I don't like that fact that we broke below support but it could just a false breakout*, if this is the case I would expect the price to go back above the green lines.
I'll be much more bullish if we break the resistances (green lines).
I initiated a long position yesterday as a swing trade . My target is around $100 but will reassess if/when we get there.
Trade safe!
* A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction. ... Since the breakout attempt failed, the price could head the other direction. A failed break is also commonly referred to as a "false breakout."
TDOC LongMonthly Demand Zone
Entry 87
Stop 75
Target 120
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
$TDOC hitting huge line of supportWatching for a bounce - currently in a downtrend but definitely under valued atm.
PT: 125
$TDOC multiple signals buy (4/5)Conviction: 4/5
Main thesis
Retrace to .786 fib level from 2016 lows. This is an unconventional level but it coincided with medium-term resistance from 2009-2020.
RSI-W touched historical bounce area (however, if we wait for bullish divergence there could be another leg down)
RSI-D showing bullish divergence
Touching lower bound of channel (2016)
Misc Info
P/S level of 7ish is high on absolute level, but on lower end of range relative to other high growth names
Healthcare ( AMEX:XLV ) looks good compared to AMEX:SPY , could carry this up as well
High margin and high growth
Very healthy quick ratio
Potential Risks
Bullish div = another leg down
Very negative FCF (not sure why?)
Channel does not include last major recession (2008)
General markets are very expensive, and we all know correlation goes to 1 in selloff.
High growth / expensive names seems like will sell off more than general market
$TDOC Can it Hold Old Breakout Levels?Just thought it would be interesting to post this and put on watch list. This is nowhere near going long. It needs to stop going down and build a base before it's even considered for a long position. I like the space but me liking and the street liking it are different. Having said that this is on my long term watch list. Ideas, not investing / trading advice.
