I am not known as an early adopter. Typically when I get on board some trend like buying Crocs (CROX) , it is usually late in the game.
Tuesday afternoon I had my first Teladoc conference with my gastroenterologist. I had to take my weight, temperature, blood pressure to review with the nurse before actually talking to the doctor. Maybe I should ask for a revenue sharing arrangement. I guess millions of people have been doing this the past 12 months but it was new to me.
Let's check out the charts of Teladoc Health Inc. (TDOC) to see if they are still healthy.
In the daily bar chart of TDOC, below, we can see that the price action is starting to show a little "wear and tear." The stock just made a new high for the move up but quickly reversed itself. Prices are still well above the rising 50-day moving average line and the bullish 200-day moving average.
The On-Balance-Volume (OBV) line has rolled over and the Moving Average Convergence Divergence (MACD) oscillator has crossed to the downside for a take profits sell signal.