TDOC - Cup with Handle - 2021-01-20

TDOC Trade Summary

Performance metrics and trade details for TDOC breakout.

About

TDOC surged 29%, forming a cup with handle, and broke out on Jan 20, 2021, rallying 20%+ in the following days. Two exit strategies: 1. Sell at the first gap-down open on Jan 27 for a 17% gain in 7 days. 2. Trail the 10 EMA and exit on Feb 18 for a 20% gain. Given the choppy market, exiting at the first gap-down seems preferable.

Before Breakout Daily

TDOC - Cup with Handle - 2021-01-20 before breakout daily

After Breakout

TDOC - Cup with Handle - 2021-01-20 after breakout

Market Correlation Analysis for TDOC

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