After Golden Cross, Option Care (OPCH)'s Technical Outlook is Bright

Group 1 - Option Care Health, Inc. (OPCH) has reached an important support level and is considered a good stock pick from a technical perspective due to a recent "golden cross" event [1] - A golden cross is a bullish technical chart pattern formed when a stock's short-term moving average, typically the 50-day, crosses above its longer-term moving average, usually the 200-day [2] - The golden cross pattern consists of three stages: a downtrend followed by a bottom, the crossover of moving averages indicating a trend reversal, and an upward price movement [3] Group 2 - OPCH has moved 5.7% higher over the last four weeks, indicating potential for a breakout [4] - The company is currently rated 2 (Buy) on the Zacks Rank, suggesting positive market sentiment [4] - Earnings expectations for OPCH have improved, with three upward revisions and no downward changes in the last 60 days, leading to an increase in the Zacks Consensus Estimate [4][5]