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Teledoc Health Stock Chart Analysis: Swing Trade Buy

Shares of Teledoc Health collapsed over the last two days after the company reported less-than-stellar earnings. Just over a week ago, Teledoc Health traded above $300.00, today the low of the day was $211.32. The Teledoc Health stock chart analysis signals a buy at this current level. In fact, any buy below $220.00 today is a solid technical entry. The factors are the daily 200 moving averages (tagged today) as well as a key technical pivot at the same level. These supports coupled with a near-term oversold condition will likely yield a near-term bounce back above $240.00. The Teledoc Health stock chart analysis is clear here, a swing trade buy is in order below $220.00.

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