4000% return with Teladoc Health, Inc

** long term investment **

On the above 10 day chart price action has corrected 97% since February 2021. A number of reasons now exist to be bullish, they include:

1) Price action and RSI resistance breakouts. Almost 4 years of resistance.

2) Regular positive divergence. Multiple oscillators print positive divergence over a 90 day period.

3) No stock splits.

4) 15% short interest. Who does that after a 97% correction?

5) The falling wedge forecast as measured from top and lower touch points calls for a macro move to the $400 area.

Is it possible price action corrects further after 97%? Sure, sellers love it.
Is it probable? No

Ww

Type: Investment
Risk: you decide
Timeframe for long: Ask me after it pops up 100%, you always do.
Return: 2000-4000%
Stop loss: will say elsewhere
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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