$TDOC 10/2/2021 analysis

Teladoc Health Inc. (Ticker: TDOC) is a multinational telemedicine and virtual healthcare company including telehealth, medical opinions, AI and analytics. TDOC is also one of the heavily weighted stocks in ARK fund. The price had started to skyrocket since January and the price is moving along the uptrend line. There is a support area around 285, if the price sustains above 285, most possibility it will move along the uptrend line.

The best price to buy in is around 234 – 240 and the risk to buy in the stock now is high. Therefore, the best strategy is to wait until TDOC starts to pullback. The future of TDOC is also promising therefore can hold for medium – long term.

Support: 285, 260

Resistance: 300, 310, 330

*This is my opinion on the stocks only*
*Trade at your own risks*

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