TDOC trade ideas
Breakout candidateConverging Resistance and trend lines may lead to a possible break out. ultra High volume hammer/doji with a long lower wick suggests bullishness. IF breakout and follow threw 1month target 45.50
TDOC holding up very well despite last Wednesday's big dropTDOC looks constructive here and didn't budge much despite last Wednesday's big drop. Reckon this goes higher from here.
TDOC (Teladoc Inc.) has Resumed its Long-Term Down-Trend.After a recent 38% retracement, Teladoc has resumed its long-term down-trend. The trend was resumed when price broke down through the 6-month moving average (shown by the blue line).
If price stays below the recently-established top at 16.84, we can expect TDOC to head to new lows over the next 6 months.
