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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