Teladoc Health, Inc.
Long
Updated

TDOC may bring a lot of profit??

1317
1) RSI's 2 moving averages have crossed already each other. Purple one went above green one and it is buy sign. Also RSI's Resistance Line was broken.
2) MACD shows that: Upper trend is gaining power because green bars are lengthing and it is dark green not light green.
3) Momentum Resistance Line did not work. Momentum increased a lot but it is still less than 0. It shows that: Down trend is losing its power but it may still decrease because it is less than 0. When it goes above 0 line it will be another buy sign. On the other hand, i drew support line of Momentum. If support line is not broken, it will be more than 0 and trend will go upper.
4) CCI's 0 line can be used for strategy and it is very important for some securities which lost its value more than %90. This is experience. If CCI cuts above 0 line, it will be buy sign.
5) This is not certain but may work why not. Target Price = (Highest price level + Lowest price level)/2
Target Price = 161$ ????
ALL COMMENTS DO NOT INCLUDE INVESTING ADVICE!!!
Note
snapshot
Note
snapshot
On DMI indicator +DI cut below -DI and it is sell sign. GAP happened on prices and huge volume bar accompied with it. I drew Resistance Lines of CCI, RSI, Momentum and +DI indicators. Also +DI cut below ADX and it is other sell sign.
Note
snapshot
I only drew Resistance Line on CCI indicator weekly chart.
Note
snapshot
Note
snapshot
ADX is above ADXR. It means that, there is strong trend upper or down. I caught positive divergence because price bottoms are decreasing but indicator bottoms are increasing. This is buy sign for weekly chart! I have drawn support line on momentum and it took support from third point.
Note
snapshot
Note
snapshot
Resistance line of +DI was broken this week in daily chart.
Note
snapshot
Note
snapshot
It is very close to be broken of resistance lines of +DI and CCI indicator. This month will be very important and doji star occurred on prices at this month.
Trade closed: stop reached
Stopped with -15% loss. I exit from position. It will decrease more.
Note
snapshot
Support line of RSI and Momentum were broken this week. It will decrease more because prices reached new bottoms it is very dangerous. It may happen gap again.
Note
snapshot
Daily Chart. Momentum broke first resistance level wait for second and third one.
Note
snapshot
Weekly Chart. Momentum broke resistance level but it did not work. TDOC is going very bad.
Note
snapshot
Weekly Chart. MACD broke resistance line but it did not work.
Note
snapshot
Daily Chart. RSI broke resistance level and broke support line but it decreased a lot. Broken resistance line did not work.
Note
snapshot
Weekly Chart. +DI broke support line many weeks ago.
Note
snapshot
Daily Chart! RSI and CCI broke resistance lines.
Note
snapshot
Daily Chart! Momentum broke first resistance line but wait for second one.
Note
snapshot
Daily Chart! CCI broke resistance line but wait for Momentum.
Note
snapshot
Daily Chart! RSI broke resistance lines!
Note
snapshot
Weekly Chart! RSI broke resistance line.
Note
snapshot
Daily Chart! Momentum and OBV broke resistance lines.
Note
snapshot
Weekly Chart! CCI and +DI broke resistance lines!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.