THC Tenet Health - Possible inverse head and shoulders formed on the hourly. Will monitor for a break above $18.00 resistance. Targeting $21.25 gap-fill (from mid-December) by mid to late January. Additionally, there has been some unusual bullish options activity today with around 43k Jan'2020 $20.00/$25.00 strike call options traded today for a total premium of over $14M.
Note: Informational analysis, not investment advice.
Note
+22% return in one week - well ahead of schedule
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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.