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
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.