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RE: Teladoc (TDOC) Analysis

in #money7 years ago

lol, no one cares about the fundamentals (we're in a 14 year bull market, if fundamentals had any weight this stock market run would've ended 2 years ago). The stock market: 90% hype, 10% fundamentals. If you wanna make money follow the trend

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I agree with the last part, following the trend. The primary objective of a Technical analyst is to find the direction of the price eg the trend.

you misunderstand me. When I said fundamentals don't matter I was talking about p/e, earnings, debt, balance sheet, ect. Technical analysis does matter because it's based of the patters of human emotion. Price chart equals hype.