TDOCIf TDOC stays under 167 it can make its way down to 154, 148, 135. If TDOC can get back over 175, it can make its way back up towards 190.
TDOC trade ideas
Trading Idea - #TeladocSHORT against Cathie Wood! Time is too young for this innovation! :-)
ENTRY: 152.20 USD
TARGET1: 86.30 USD
TARGET2: 58.90 USD (+61%)
STOP: 208.30 USD
Teladoc Health provides virtual healthcare services on a business-to-business (B2B) basis to its clients and provides services to consumers directly and through channel partners. The Company's consumer brands, including Teladoc, Advance Medical, Best Doctors, BetterHelp and HealthiestYou, provides access to advice and resolution to a range of healthcare needs. Its technology enables consumers to manage their own electronic medical records. It also provides access to a message center, provider finder, image upload capability and enable real-time sharing capabilities with providers that includes visit scheduling. Number of employees : 4 400 people.
1.) Teladoc broke through the short-term support area easily! Usual indicator to continue downward trend!
2.) Q1 Net Loss Expands as Sales Advance
3.) The largest stake in the Ark Genomic Revolution ETF is Teladoc Health. The company is the most heavily weighted stock in the fund at 7.44%. Teladoc rose to a record high earlier this year and has since fallen 34%.
TDOC - INVESTMENT TRADEA great strategy for long term investment is to find a company that 1. everyone uses, 2. is not going out of business and 3. at a depressed price hitting a long term moving average on the weekly or monthly.. This company checks all 3 of my criteria.
I love buying here off the weekly 100MA and if it drops more I'll buy again at the monthly 50EMA. You can't predict the bottom but you can find nice entry points. Great long term buy and hold, either through long dated options or shares outright.
TDOC waiting at 500 MASo TDOC has hit close to my 140s target by May earnings. But, I wasn't very happy about the way the right shoulder got formed. It just wasn't convincing enough.
I now consider the idea of TDOC sitting at the 500 Day Moving Average. The last time TDOC re tested the 500MA was in December 2018, after which we saw a 65% jump.
If a similar pattern follows, I think TDOC could be re testing close to 240$ again before next earnings. This would also complete the right shoulder.
I would just watch carefully for wider market pressure in the late May to early July period.
Good luck!
$TDOC Support Play?Looks like $TDOC may have found some support around the $170 area. I opened a small starter position this morning to try and play that bounce. This is a high risk trade as it's below ALL moving averages. Do your own due diligence. I like the name and what they do. They beat on earnings and guided slightly higher but got beat down, guidance not high enough? Ideas, not investing / trading advice.
from earningswhispers.com:
Teladoc Health Beats
Teladoc Health (TDOC) reported 1st Quarter March 2021 earnings of $0.13 per share on revenue of $453.7 million. The consensus estimate was a loss of $0.57 per share on revenue of $451.9 million. The Earnings Whisper number was for a loss of $0.66 per share. Revenue grew 150.9% on a year-over-year basis.
The company said it expects second quarter revenue of $495.0 million to $505.0 million and 2021 revenue of $1.97 billion to $2.02 billion. the company's previous guidance was 2021 revenue of $1.95 billion to $2.00 billion. The current consensus revenue estimate is $486.39 million for the quarter ending June 30, 2021 and revenue of $1.99 billion for the year ending December 31, 2021.
Teladoc Health empowers all people everywhere to live their healthiest lives by transforming the healthcare experience. As the world leader in whole-person virtual care, Teladoc Health uses proprietary health signals and personalized interactions to drive better health outcomes across the full continuum of care, at every stage in a person’s health journey.
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)
TDOC Inverse Head and Shoulders Long StrategyAfter being beaten down during the Feb-Mar correction, TDOC is sitting more than 100 points below its ATH. It is awfully close to the neckline which happens to coincide with the 50 day SMA @ around 187. Also note the massive gap above the neckline indicated by the grey rectangle -- around 12 points. This looks to be a very rewarding long strategy and even a good buy for shares given the upside potential and increased relevance of telehealth.
TDOC - earnings report on the horizonBought today at 183
Projected sell at between 210 and 260
Will keep a close stop loss in operation
$TDOC - RSI vs. Trend signals a bullish movement opportunityMain support area 168.5-170.
Case of recovery in range, I observe the targets as follow:
1. 201-204 (204 is the main resistance for continuance above).
2. 230-232
I do not recommend to buy or sell TDOC shares.
$TDOCKeeping this one simple. Down big time from ATH along with all growth stocks. Red line is stop loss expecting this to consolidate a little before it comes back to life. $203 should see next leg up. Entered today at $173. Ride to $200 and sell 1/2 to see if it comes back down to consolidate some more, buy back again at $173 if possible. That is my plan. GL to all.
TDOC to $140s by May earnings?I'm in TDOC, it has delivered more than I have expected, specially that December to Feb run we enjoyed.
Fundamentals
But, as much as I believe in the long term potential of TDOC, I don't think enough people know where the growth potential in the company comes from. This isn't just a telemedicine covid stock that many people think. This company has a vision that is prepared to make the most out of the slightest of weakness in the nation's healthcare system. If you believe the traditional US healthcare sector is going to become super efficient in the next 5 years, don't invest in TDOC. But my bet is that the only way the US will be able to better manage the healthcare needs of such a vast population is through innovations across disruptive platforms like Teladoc.
Some of TDOC's acquisitions in recent years that expand their offering: livongo, inTouch health, Best Doctors, Advance medical.
Technical analysis
RSI is currently oversold. Broadly the market is recovering, as will Tdoc, but with a weaker earnings report in Feb, the pressure will be on during the May earnings.
If TDOC does a clean break upward of 230$, we're good. But, I believe, similar to the June 2020 - Jan 2021 run, TDOC will run through a flat out consolidation between the $185 - $235 range , shortly after which a Head and Shoulder pattern may be obvious.
Given the broader market risks mid year and May being earnings, I expect the drop to $140 may happen around then. If we continue to consolidate, I will still keep an eye out as I believe TDOC will find a deeper correction (and a better buying opportunity) in 2021.
Good luck traders!
Bullish move up or Head & Shoulder?Tdoc playing out beautifully to my previous analysis (linked below - includes my fundamental analysis)
Where are we now? Great opportunity to be accumulating here. This train is loading up for a move upstate.
Head and shoulder? once we hit 235, I will watch carefully. My personal strategy is sell half the position and add a stop on the remaining just around $208. If TDOC fails that bounce I'd be worrying about another deeper dip coming. Fundamentally, May is around the time many expect economy to reopen. Once that happens, Tdoc may take an initial hit as a "stay-at-home" stock perception.
In the short term though, bullish move up incoming.
Good luck!
TDOC - Let's see if X marks the spotPossible reversal based on long term support. Several sell rejections from this area.
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 :)
Follow...
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.
