$TDOC
Added 2023-05-20 11:40:00 +0000 UTC$TDOC has been under a lot of pressure since hitting the 200 Day MA very clearly on this chart at the end of April, positive earnings did very little to stop this trend, we are seeing some slowing of the momentum at the 0.88 Fib and the RSI is showing it is approaching the oversold limit of 30 very shortly.
So can this go all the way down to the blue support line? absolutely it can. Is it likely to bounce here then and continue moving between the blue top and low line range? this is the outcome I most expect for it.
It could hold the 0.88 Fib and start moving up from here too but we are considering all possibilities.
$TDOC is my only 'high risk' stock and even then I do not consider it very risky compared to others on the market but I want some stocks in my portfolio that have a 5 X potential over the next few years and $TDOC is certainly one of them.
Comments
Hopefully. Think some of their original use cases though are becoming clear they won't be significant. For most things, people want to see a real person in the flesh.
Jesse Gaffey
2023-05-20 17:29:03 +0000 UTCHopefully. Think some of their original use cases though are becoming clear they won't be significant. For most things, people want to see a real person in the flesh.
Jesse Gaffey
2023-05-20 17:29:02 +0000 UTCPrescriptions online will fast track this industry
Gareth Neary
2023-05-20 13:44:55 +0000 UTCI have held this for a while, I keep going back to check on the fundamentals, and they're just not convincing me that telemedicine is going to be a significant industry moving forward.
Jesse Gaffey
2023-05-20 13:02:46 +0000 UTCWhat's a good buyzone?
John
2023-05-20 12:17:20 +0000 UTC
