January 27, 2021, 3:11 pm EST
2021 Actual Trade: TDOC +19% Profits
We mentioned in 01/20 “Stock Picks: Virtual Healthcare Systems – Teladoc Health Inc (TDOC)” that TDOC has an ideal setup and sound fundamental with resistance 230. Indeed, it was a fast two weeks for fast +19% profits.
As shown in the chart, the window of opportunity is very narrow. Market timing must be accurate enough to capture these profits. Once TDOC broke through its resistance 230, there is no looking back but a fast run to its finish line +19% profits.