TDOC, which is a darling in the Covid pandemic has downside ride because of the break of the 10 week moving average. This is highly risky because they are currently in negative cash flow with a yearly estimated EPS of -$1.36/share. If the bull trend continues would not be surprise of a quick recovery in about 3 week by hitting the 40WMA of about $150 then bouncing back.
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All ideas are for information purposes only. I may or may not invest in the stocks discussed.
All ideas are for information purposes only. I may or may not invest in the stocks discussed.
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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.
Learn more on Stocks Over Coffee Podcast
All ideas are for information purposes only. I may or may not invest in the stocks discussed.
All ideas are for information purposes only. I may or may not invest in the stocks discussed.
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.