Gorevic said Teladoc said has been especially in demand this flu season. Teladoc typically see more than 10,000 patients every day, with 25% of their business coming internationally.
He was also excited about Teladoc's partnership with CVS Health (CVS) and their new HealthHubs.
Let's check out the charts of TDOC again to see what may have changed since Wednesday.
In the updated daily Japanese candlestick chart of TDOC, below, we can see potential reversals sooner than on a traditional bar chart. The red bar Wednesday tells us that prices closed below the opening level but did not form one of the classic reversal patterns. The indicators driven by the price action and volume are all still constructive.
In this weekly Japanese candlestick chart of TDOC, below, we can see the bar with 3/5th of the week plotted. Prices are above the opening with the white bar but have retreated from the high, which the upper shadow shows.
In this updated Point and Figure chart of TDOC, below, we can see the uptrend and no retracement or pullback yet.
Bottom-line strategy: I have yet to try out the Teladoc feature of my health insurance but maybe I should with the charts looking so positive.