Healthcare Stock Pullback Presents Opportunity for Bulls

THC rallied from early February into mid-March despite a 30% increase in short interest, hinting at its underlying technical strength. It would take shorts more than three days to cover their bets, at the equity's average pace of trading.Our recommended June call has a leverage ratio of 6.2, and will double on a 16.2% jump in the underlying shares.The shares of Tenet Healthcare Corp (NYSE:THC) recently pulled back to their 25-day moving average, which has been supportive all 2024. The stock is trading above ...