$TDOC Bearish Trade Set Up Inverted cup & handle + rising wedge on the daily. If this analysis was helpful please LIKE and FOLLOW for more!
T2DH34 trade ideas
TDOC Looking to BounceLooking forward to TDOC to closing above the trendline and hopefully move upward
TDOC, enters Uptrend as Momentum ascends above 0 level on Nov 23This indicator may be signaling that TDOC's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. Tickeron's A.I.dvisor backtested 82 similar cases where TDOC's Momentum Indicator exceeded 0, and 66 of them led to a successful outcome. Odds of Success: 80%. Current price $187.21 crossed the support line at $187.73 and is trading between $187.73 support and $181.15 support lines. Throughout the month of 10/22/20 - 11/23/20, the price experienced a -10% Downtrend, while the week of 11/16/20 - 11/23/20 shows a +10% Uptrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 23, 2020. You may want to consider a long position or call options on TDOC as a result. Tickeron A.I. detected that in 66 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 80%.
The Moving Average Convergence Divergence (MACD) for TDOC just turned positive on November 20, 2020. Looking at past instances where TDOC's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 40 of 52 cases over the following month. The odds of a continued upward trend are 77%.
Following a +9.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where TDOC advanced for three days, in 301 of 359 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
TDOC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
$TDOC Teladoc Health Bullish trade setup. 💉💉💉
Potential long trade setup for Monday on a move above $201.
Day trade starts $205.55 Gap fill resistance
$210 Horizontal resistance
$212 to Fixed range POC (redline)
TDOCNot my typical style, but looks like we have a undercut & rally situation; pullbacks buyable due to a favorable R/R
Buy Signal: 187.07 #stocksIngenuity Trading Model
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
TDOC small bounceTDOC has been under heavy selling pressure. They will have a small bounce and it is after all a cover stock.
TDOC LongDemand Zone below sideway.
Entry 178
Stop 165
Target1: 235
Target2: 270; ABC Pattern.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Tdoc Breaish Wait for Tdic retest trendline around 195- 197 and entry Short ( stop loss if Break above 198.5 )
Target 180 - 165 - 163 .
TDOC 4 Hr Support/Resistance and 1 Hr Trendlinelabeling Teladoc's 4 hour Support and Resistance levels. Also showing their 1 hour trendline
$TDOC Teladoc reversal targets as Covid Rhetoric intensifies
Increased covid fears may help a recovery in TDOC after a 33% decline from the Aug high.
RSI seems to have bottomed.
Volume this week may be the capitulation needed to form a bottom.
Stock managed to close above the 200MA .
Possible day trade targets $190 & $193
dependent on NQ strength
$TDOC closed above 200 MAIt does looks like this stock bottomed and closed above 200 MA today. 190, 197, 208 are the next levels
$TDOC ATH Projection going into January 2021Based on Tsla fractal
Now $182, weekend following Biden as president elect, anti social stocks (ZM, TDOC) taking a hit from market's bullish outlook of Biden's presidency, while in person traffic stocks pump (amusement parks like $dis and $seas)
Prediction: Pfizer's vaccine and Biden's covid taskforce news are providing momentary relief and comfort that we're in proper hands to get out of this pandemic, which I believe is the cause for the dip in $TDOC. However, cases are still rising, and there is still a factor of the American population that will deny receiving the vaccine treatment based on conspiracies. Hospitals will be over flooded with patients, forcing this service to gain momentum in the coming months.
Looking to see $TDOC hit all time highs in January, well over $300.
Long term projection: $1k by 2022
Livongo (LVGO) to Teledoc(TDOC) Merger SuccessLivongo (LVGO) to Teledoc(TDOC) Merger Success
Quick focus before sleeping:
Outlook for the company is strong in a quarterly bases: www.fool.com
COVID-19 is still ramping havoc on the world; and, winter 2020 is about to come. It is November now.
This company is positions globally as well to take advantage of its market.
Conclusion:
continuation of fundamental and technical trend
currency price of TDOC: 200.98
tentative target: 500
Bottomed the trend and earnings tomorrow The earnings report tomorrow is anyones guess, but as covid has kept people home, I'm pretty bullish on it. The last earnings report missed the analysts estimated target by a considerable amount, although staying within trend, it has set the stock up fo a nice position for good gains ahead in my opinion.
I can see this type of industry expanding as society changes to the new norm
TDOCStock in a box...watching for breakout as long as broader market remains constructive. (No position)
