TDOC undergoing consolidation and trying to form a bullish trend
TDOC Stock is undergoing consolidation. Volume increased to 3.42M shares against 2.99M avg. Not a lot of spike in volume as investors are still not sure of the stocks bullish trend. The stock will take some more time to prove that bullish trend is underway. As US states are seeing a spike in COVID19 cases, investors are unclear whether partial or complete lockdown will occur again. OBV needs to clear the previous high point which needs more 1-2 trading days.
Catatan
Formed double bottom. So resistance point @ 203.85 which should breach this week. MACD also showing positive signs of breaching the O line. Rising RSI shows trend reversal from bearish to bullish. Keep an eye on the COVID19 cases and second wave for some shakeups. Overall the stock is set for a bullish upward from 203.85.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.