TDOC (Teladoc Inc.) has Resumed its Long-Term Down-Trend.
After a recent 38% retracement, Teladoc has resumed its long-term down-trend. The trend was resumed when price broke down through the 6-month moving average (shown by the blue line).
If price stays below the recently-established top at 16.84, we can expect TDOC to head to new lows over the next 6 months.
If price stays below the recently-established top at 16.84, we can expect TDOC to head to new lows over the next 6 months.