DevinBoyle55
Long

$THC Inverse H&S - Bullish Unusual Options Activity

NYSE:THC   TENET HEALTHCARE CORP
$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.
Comment: +22% return in one week - well ahead of schedule
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