ACHC Forming possible spinning top on weekly chart right at the December gap-fill resistance around $29. After big earnings miss last quarter and removal of CEO in December, not much positive fundamental news to attract buyers leading up to another earnings release in late February. Targeting next support level at $20 by March.Also of note, some unusual bearish options activity today for a name that doesn't see a ton of options activity - with 2k $30.00 strike (ITM) March puts traded today vs OI of about 200 for total premium of about $600k.
Note: Informational analysis, not investment advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.