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.
TDOC
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 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: 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."
Teladoc reaching $600 target price by the end of 2023! NYSE:TDOC fundamental and technical analysis based on trend, volume and patterns.
1. Fundamental
- fast-growing market
- market leader
- products and services with the highest potential being pushed just now(primary care and long term patient care, having your personal doctor online 90% of the time)
- mindset change of having the doctor online
Link to the article: codeit.us
2. Technical
2.1. Macro
- Harmonic pattern ( looks like a crab :D ) serving the purpose of accumulation and price correction before continuation in the same wave time period of 1 year as the last symmetrical triangle accumulation/correction phase in 2018.
- 2-year long bull wave until the end of 2023 reaching a price target of $600.
- volume profile supports and price magnets
2.2. Micro
- nice little pseudo-Wyckoff accumulation with proof in the underlying volume and price action
- nice little diagonal head and shoulders pattern for a nice tight leveraged entry (don't forget that you need to know how to manage your risk!)
If you are going to use low leverage or only cash, then just buy now and hold minimally until DEC 2023.
For leverage, you can have a 7% stop loss under the right shoulder and a target of $600 with intermediate targets along the way to reduce your position and risk - the first target being around $135.
Smaller stops of a few % can provide you with a tighter risk and a bigger position, but this is only for experienced ones and is definitely not recommended for this kind of trade. Rather you use a smaller position and stay inside in the long run, than be stopped out of this 2-year bull wave at the very beginning.
* if the price is already too high and you can't have a good tight stop loss, then you need to use your skills and set good limit buy orders on the support levels (look at the volume profile) to get in the trade. in this case, use small or no leverage and don't chase with too high leverage!
* it is definitely possible for the price to reach the orange support level of around $75 with a quick wick and kill your trade or even liquidate you - so don't forget to manage your risk.
TDOC just a matter of time..Teladoc Health, Inc. TDOC recently expanded ties with the largest alliance of labor unions and labor management coalitions — the National Labor Alliance of Health Care Coalitions (“NLA”). As a result of the move, TDOC’s virtual care products and services portfolio will be extended to NLA this time. The alliance is likely to strengthen the position of Teladoc Health as a leading comprehensive virtual healthcare services provider.
TDOC may have bottomed Over the past week TDOC cracked its 2020 COVID of $102.01 and hit $100.51. However it recovered and closed the day at $106.00 reclaiming the 23.6% fib level($105.54) of this retracement from its December 24 2018 low to its ATH. In doing so also reclaimed the 100% level($103.17)of this inverse extension from Jun 29 2021 high to October 4 2021 low to November 4 2021 high. Today aided by the new COVID variant TDOC gapped up at open and had a high of $119.98 on the day before selling off down to $109.61. Next week I will be looking for a pullback and bounce off of the $105.54 level if it can hold there and continue its move up I will be looking for it to start its way back to $144. It will also have to contend with this downward trendline on the weekly next week that’ll be around that $120.67 area. I will follow the levels from the fib extension as well as the points I have with rays on my chart for old support/resistance. If it breaks down and can’t hold $105.54 my next levels down are $103.17 $102.01 $98.98 and then down to $90. Primarily looking for the upside here.
TDOC - Possible TradeHello traders,
As you can see $TDOC is in a support zone.
We will enter now with the green lines as targets.
* you can take profit all the way up toward the green lines.
** Our SL will be breaking the channel and close below it.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
LFMD - WAVE C ENDING - BUY SOON OR OPTIONS LONGER TERMAll,
LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation wise I personallly see LFMD at 14-18$ range and probably will go into 20's again from demand/lower float than most in category.
As always watch the entire market first and do not enter too early. Just wait for the stars to align and for the break up to happen. Also remember almost everytime on breaks there is the first wave up but wave 2 is almost always a better and safer entry (depends how fast it moves)
TDOC run incoming?TDOC looks ready to breakout. RSI is strong, Engulfing candle 2 days ago followed by a gap up. Don't love the upper wick on the trendline but I think TDOC breaks above it on increased volume tomorrow on another small gap up. Already in calls, may add more if we get a break and retest.
TDOC: Long term upside potentialLots of technical readings going on at TDOC's chart!
ABC correction wave
Double bottom at support area
Weekly Spinning top + hammer pattern
Momentum is slowly picking up
Should be 1 to hold for the long term.
Target profit 1 at $180; just to lock in some profits
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
$TDOCTeladoc Health's shares skyrocketed nearly 140% last year. So far in 2021, though, the stock is down close to 30%.
The average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives TDOC stock a score of 29 out of a possible 100. That rank is mainly influenced by a short-term technical score of 10. TDOC's rank also includes a long-term technical score of 13. The fundamental score for TDOC is 65.
In addition to the average rating from Wall Street analysts, TDOC stock has a mean target price of $208.88. This means analysts expect the stock to gain 48.25% over the next 12 months.
I think TDOC is absolutely here to stay.
Telehealth will grow, and beyond Telehealth, virtual care in general.
Chronic disease management, I think it was a good acquisition for Teladoc. I thought it brought a good platform into its lineup, and there's a great opportunity for cross-selling there.
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After a long battle to hold its price since late February TDOC had finally formed a falling wedge on the daily chart.
It’s starting to look very clean here for a continuation up.
A clean break on the falling wedge.
RSI breaking above 50
& the MACD curling
I suggest keeping this on your watchlist.
- Factor Four
Teladoc Trade [TDOC]A staple of Cathie Wood's ARKK Invest fund, Teladoc looks to be winding up for a big move in the coming days after breaking the resistance of a supply line that has kept TDOC stagnant since the peak of its small rally in June.
Now we find it at a key support level just outside of the trendline and finding support on our 21 MA as well.
I am long on TDOC with a stop loss at $149.99. At this point, if the green horizontal line of support would be broken, the next level we want to look at for a long would be $146.84. However, a break and close of $146 would be a break into my no trade zone.
Bonus points for the asset if it can hold and maintain price action outside of our green, downward sloping line of resistance now hopefully flipped support.
ZM - BIG MOVE COMING SOONAll,
I think ZM is at an absolutely critical area. This will either break up big time or break down and retrace wave 2? This is a wait and see and follow entier market direction with it. I potientally see it going for a retrace then breaking. However it's almost right over the edge of breaking. WW for sure.