TDOC - Let's see if X marks the spotPossible reversal based on long term support. Several sell rejections from this area.
T2DH34 trade ideas
TDOC Ichimoku Clamp TradeExpect price to return to the Kijun in the next couple of weeks. Price has now crossed up over Tenken. Tenken and Kijun should clamp together in the near term and bring the price back to the .5 Fib from last major move. Expect at least 20% return not including price overshoot of Kijun. Heikin Ashi shows clear trend reversal.
Solid support and accumulation.Price has bounced and sitting on the strong supprt. It seems to be we have acumulation. probably by Cathy Wood :)
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Buy the dip!Go long on this one, at least for one year. This type of service will be very popular in the future. It has great growth potential.
TDOC go longGo long at 300ma support, MACD going green soon and accumulation distribution line continues to rise. Solid entry based on wave trend oscillator as well.
Teladoc Health Ready For A Rally! 🩺TDOC had a massive $133 correction since February 16th. They reported an earnings of -$3.07 which missed estimates of $0.24. Big miss on their earnings accompanied with a correction in the overall market resulted in price landing below $200. The past 4 days TDOC reached a low of $174 and today managed to test the $200 support but failed to get above. I have entered 4/16 $220 calls at close today avg $ of $7.15. Will look to add more TDOC swings on continued show of strength. Over $200/202 TDOC can make a move back to $220 quickly if the market holds up.
Chart:
HVN: HVN at ~$195 serving as a strong support zone. This is where TDOC can chop around at if it isn’t ready to break $201/202 lvl yet. HVN at $217/220 area serves as first PT.
Fib: Fib retracement lvls at $201.5 and $222 serving as good entries/exits.
Support/Resistance: Resistance levels roughly at $200,210, 216, and 221 lvls to play off of as well.
EMA’s: 20 EMA will be right at 223 on the Daily chart
MACD & RSI: both are gearing up for reversals
Plan: I entered a smaller position and would like to add heavier on confirmation of a move back to $220 PT.
SL: Will be watching $188-$190 lvl to hold as support for SL if we re-trace. Current AH price action has TDOC above $200 but lets see what it does Friday.
TDOC : Bullish?just an Idea with the current bull run, but if things open up and pandemic ends, then it looks bearish
TDOC backtesting a bullflag it broke out from in janTDOC could reverse as RSI is oversold. Although it could come lower to test bottom green trendline, it may have already bottomed. Not financial advice. DYOR
TDOC - BUY ZONE HERETDOC's price is correcting strongly to the support zone, we are waiting for confirmation to buy TDOC following the previous uptrend.
That is great, good luck.
Looking for a bounce/rally on the dailyAfter selling off over 43% from its all time highs in just a few short weeks, I am now looking to catch the daily bounce back to the upside. As noted in the daily chart, this is the most oversold on the daily that this company has been since its IPO date. We are in a strong price zone that we traded in for months. This company benefited from Covid, yet precovid they were trading at over $115.00. It is trading above that now, however, the company has grown since then and this is not going away anytime soon as it will continue to grow even with states reopening. The 4hr chart is also massively oversold trading now in the teens on the RSI. I am looking for this stock to mean reversion to an evaluation that makes sense for the company. They had a price target upgrade to $300 after their recent earnings.
First target is $225 to take profit
2nd target is $255
This is a trade idea for a multi week swing as funds reallocate back into tech with this selling off in a "too much too soon" fashion with price support and many other indicators needing to cool off at minimum.
TDOC consolidation here at supportSaw nice level of support keep this stock from moving further to the red. If it finds its legs and shows more strength I will wait to enter calls at this area of value. No entry for me unless I see a break of that trendline showing a reversal. I like to be somewhat conservative on my trades - Dont fight the trend..
Bullish on TDOCTELADOC is looking good after the companys stock crash 30%. TDOC is slightly under the 200 SMA. Also, RSI and MACD are showing overbought momentum meaning a great short to long-term trade. I think we will see a bounce back as the stock has still a wonderful future with a lot of growth and imagination to make new tops.
6 Month Chart Support Trend LineRSI is oversold. Support holding. Could further drop to $200 before explosion. Can't forget to mention its Cathie Wood's 3rd largest holding at ARK. Anything below $210 is a steal imo.
TDOC- Elliot wave analysisLooks like a wave 2 completeion. Will wait for Wave 1-2 pull back of wave 3 confirmation to enter long.
TDOC Amazing Long Term OpportunityBottom of the channel and RSI at support too.
Weekly 50SMA supportive as well.
Healthcare is something that isn't going away.
Just my own thoughts and opinions.
Teledoc: Time to Collect$TDOC, Cathie Wood's 3rd largest position (ARK Investing) has dropped more than 31% from its ATH retracing down to its 200SMA on the daily chart. This is is a great company with great future potentials. The price may drop further due to an overall sell-off in the entire market, which gives us a better opportunity to collect more. Not financial advice, DYODD!
TDOC exponential moving averagesPurple- 5 day ema
Blue- 10 day ema
Pink- 21 day ema
Black- 50 day ema
Thick Blue- 200 day ema
TDOC - cup and handleTake notes! Cup and handle upon confirmation of break above top. Chance to run to new highs. Solid risk reward here. Place entry for calls above top, set stop loss under. Let the trade come to you!
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