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TELADOC HEALTH INCTELADOC HEALTH INCTELADOC HEALTH INC

TELADOC HEALTH INC

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TDOC trade ideas

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.
NYSE:TDOCLong
by MarinoSabijan
2
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.
NYSE:TDOC
by jmorg33
3
$TDOC - chart requestNote: I have no position here and doubt I will take one Did someone call a doctor? Sorry - not so sure a doctor is going to fix the murder that has happened to this stock.. Alright - jokes aside - where is this going? Well lets look at this. We have a huge dip buy range for bottom 54- 109??!?!?!? What the heck... Alright well the Primary WXY has a 61.8 extension at the 109 range. Ok. That isnt too far away. Now we have a nested intermediate WXY within the primary and the 100 extension of that is also perfectly 109. (see how both at some exact spot). ... Cool we have confluence. So now what? Well we need to get to that area first and then we want to see divergence on the indicators. RSI, MACD, and %r are all still bearish w/ no divergence, so no trade here. We wait until we see those signals, then we wait to see an uptrend start and buy a pullback of that uptrend. Knife catching this isn't smart when the low could be in the 50's.... And that is only the 100 extension... Technically you can go all the way to 161.8 for a Y, but here we cant because that would put this stock negative... Hope this helps
NYSE:TDOC
by btwice53190