I'm long Alignment Healthcare 
ALHC and continue to like it long above the $18 level. I expect to see resistance around the former ATH's around $27 or so. Notice the shorter term VWAP (anchored to the all-time-low) crossing above the longer-term VWAP (anchored to the all-time-high). I like the relative strength in this environment. ALHC is a regional Medicare Advantage insurer with ambitions of expanding nationwide.
ALHC and continue to like it long above the $18 level. I expect to see resistance around the former ATH's around $27 or so. Notice the shorter term VWAP (anchored to the all-time-low) crossing above the longer-term VWAP (anchored to the all-time-high). I like the relative strength in this environment. ALHC is a regional Medicare Advantage insurer with ambitions of expanding nationwide.
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Disclaimer
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.