TDOC has shown strength in recent sessions, climbing nearly 20% at its peak. We primarily see TDOC in the final upward move of a five-wave sequence, which is likely to mark a long-term top. We expect this to occur soon, still below the $10.02 resistance. Afterward, we anticipate an interim correction. In our alternative scenario, a new long-term correction low could still play out. In this case, we first expect an outstanding top, followed by a sell-off in TDOC below the $4.40 support (probability: 34%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.