$THC Inverse H&S - Bullish Unusual Options Activity

$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