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Tdoclong

Teladoc Health | TDOC | Long at $9.91Teladoc Health NYSE:TDOC - Initial position started at $9.91 with the potential for the price gap in the $7's to be closed in the near future (likely another entry there unless fundamentals change) Pros: User base of over 90 million and growing Revenue grew from $555 million in 2019 to $2.6 billion through Q3 of 2024 Positive free cash flow since 2021 Low debt (debt to equity ratio around 1x) AI integration and partnership with Amazon and Brightline Historical simply moving average is approaching price, which often leads to a jump or change in downward momentum in the longer-term Cons: Currently unprofitable and not forecast to become profitable over the next 3 years Lots of insider selling and exercising of options No dividend Daily price gap in the $7 dollar range which may close prior to move up Targets through 2027 : $14.20 $20.00 $27.00 $35.00 $55.00 (long-term, positive outlook)
NYSE:TDOCLong
by WorthlessViews
1
TDOC - Teladoc bottom fishingHello. This chart is strictly a Technical Analysis of Teladoc (TDOC). I think currently we are in a point in TDOC's price action where we've reached a fundamental SUPPORT area if you look back to 2016. This could potentially be opportune BUY ZONE. TA is all about probability. The probability we go down is always there, just in this scenario i believe the probability of downside is less compared to the upside. Though i want some short term downside for TDOC, as i believe that would be the necessary catalyst to help shift trend to upside. Price will eventually rally up, especially if we are in a bull market currently. Which i believe we are in. Ill go into details on why i want it and believe this. NOTE: This is on the WEEKLY timeframe, so we are looking into a more macro scenario than if we were to look at DAILY timeframe. LAST WEEk -> We printed a candle that has a large upper wick, indicating SELLING pressure. We are also resting right on top of a major support level at around $23, indicated by green horizontal like. It wouldnt be bad for price to drop below and touch the lower 2 green lines, the sloping one and horizontal one. This would be a catalyst due to price action then, starting to confirm what is known as a BULLISH DIVERGENCE. Which is a pattern or concept where PRICE ACTION forms LOWER LOWS, as INDICATORS create HIGHER LOWERS -> Seen by the white sloping line drawn in the RSI and MACD. And the green sloping line in PRICE ACTION indicates the lower lows. *Many trades ive recently taken have followed similar patterns, ill link 1 chart to compare this to BELOW* Its for stock LMND. Heres also a SNAP SHOT. NOTICE the horizontal white line on RSI -> this is what helps me guage at when this move and UPSIDE can start or hit. If RSI breaks out above this line, we can start to see BULLISH DIVERGENCE playout. Easily i can see TDOC hitting around the $40.00 level. Going back to CURRENT price action. I believe we go down and test the lower green lines, because of all this RESISTANCE that we are facing. NOTICE: #PURPLE SLOPING RESISTANCE LINE -> This is MAJOR MAJOR resistance, created since Feb 2021. We just tested it for the 3rd time, last week. (Note: atleast 3 touches are required to weaken lines, more price touches lines -> the weaker they get.) # We also got some short term WHITE SLOPING RESISTANCE LINES. Helping to push price down # We also got the 21 EMA (YELLOW Moving average) ******Note, all these are meeting together to act as RESISTANCE. When theres so many converging, like this -> It gets a little hard or takes time to break through to upside. ***ALso i think the PURPLE line is MOST IMPORTANT. This would help reverse trend in a major macro way. SO KEEP OBSERVING. Lastly, note the ADX & DI -> This is a momentum indicator. When RED line is over Green line, it indicates BEARISH Price action, as you can see by the downtrend. Currently there is some green overlapping occuring. We have to keep observing to see how this progresses. But ideally, we'd like to see Green shoot up to above 20 level, just like the red line did in white box. CONCLUSION: I believe in the short term, we could have some downside price action coming. But sometimes, downside action could have positive ramifications. In this case, further strengthening the BULLISH DIVERGENCE forming in the charts. Indicators and current support area, indicate seller exhausting. Probabilities in my opinion point to price moving up than down. Hitting either one of the lower green support lines, could be areas where positions can be taken with stop losses set below. DISCLAIMER: This is by NO MEANS, Financial advice. I am not a financial advisor, im just a TA nerd and post these for educational purpose. Always follow your own due diligence when trading/investing. Always focus most of your energy on risk management strategies. If you like this content, please do BOOST, FOLLOW and do COMMENT, i would like others opinions on what your seeing, whether TA or FA. Thank you.
NYSE:TDOC
by SafofAllTrades
$TDOC $70c for Oct or Dec. I've been following these waves in $TDOC, and I think it is primed for a pump. Kathy has been buying for the ARK funds recently and accumulating with small sizes yet consistently to put a floor on $TDOC. Using the Fib retracement from the recent top at $77.94 the stock had a nice closing last week slightly above the 23.6% fib, which perhaps could mean that the momentum can continue towards $45, and then maybe lateral from $50 to $70 by October-December. I think December calls are a safer bet. Strikes I'm looking are the $70s and $90s.
NYSE:TDOCLong
by gumoca
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: 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.
NYSE:TDOCLong
by leslieyimsm
$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. - 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
NYSE:TDOCLong
by TheBlankFund
TDOC Big move coming going into EarningsTDOC looking good for a long setup going into earnings. ER is on 5/4. TDOC has been beaten down the past earnings but technicals are showing upside potential. We also have gaps above. Looking for a break through that 213 level (200 SMA) and push through earnings. Setups: Squeezing on the daily timeframe and we're on the 4th wave of the wolf wave pattern. Contract Suggestion: Spreads are really nasty, this is the only option chain date that I found fairly decent. TDOC 5/21 240C @ 1.75 (Long swings -safer play)
NYSE:TDOCLong
by Ross-Santos
TDOC -- looking for long entryReached the fist price target of $125 and pushed higher into the $130s which was great to tag some fib extension levels. I have two alternate counts on this one because, with EW, it's never an exact science and the best thing to do for yourself is just try to prepare so there are not any surprises and adjust as you go. Primary Count (White numbers in circles): - reaching the 1.618 extension for wave 3, looks like we are in a wave 4 retrace. - Watching my little blue line sitting at the $219 price point: BELOW this I think we can tag $214 area right around the white uptrend line. - Watching the green dash line I have: above this (specifically, as long as price closes above this) I'll maintain my bullish leaning Alt Count (Pink numbers in circles): - would potentially show a complete 5 wave count up, indicating this retrace is wave 2 down. What makes sense with this one is it would go back and backtest the downtrend break out from earlier. - Watching what happens around the $219 price and the white trend line; if we go below $219 and the white trend fails, then I will watch for price to go down between $213 and $207, indicating a full wave 2 retrace for the pink count Gameplan: - watching for entry: if blue line at $219 holds, could indicate start of white count wave 5 up - if price goes below $219, will look for entry long at the support white trend line Ultimate price target up is still around the $250 area! I think TDOC has a decent set up here to push upwards and I'll be looking to enter long positions. Premiums, as of right now, are relatively low for options. Plan is to grab some calls or call debit spreads about 45+ days out!
NYSE:TDOCLong
by PT_Marche