(THC) Investment Analysis and Advice

January 23, 2025, 17:24 pm ET, BY Tom S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for THC

• Buy THC near 136.86 target 159.01 stop loss @ 136.46 Details

The technical summary data tells us to buy THC near 136.86 with an upside target of 159.01. This data also tells us to set a stop loss @ 136.46 to protect against excessive loss in case the stock begins to move against the trade. 136.86 is the first level of support below 138.29 , and by rule, any test of support is a buy signal. In this case, support 136.86 would be being tested, so a buy signal would exist.

• Short THC slightly under 159.01, target 136.86, stop loss @ 159.47 Details

The technical summary data is suggesting a short of THC as it gets near 159.01 with a downside target of 136.86. We should have a stop loss in place at 159.47though. 159.01 is the first level of resistance above 138.29, and by rule, any test of resistance is a short signal. In this case, if resistance 159.01 is being tested, so a short signal would exist.

Swing Trading Plans for THC

• Buy THC slightly over 159.01, target 182.53, Stop Loss @ 158.55 Details

If 159.01 begins to break higher, the technical summary data tells us to buy THC just slightly over 159.01, with an upside target of 182.53. The data also tells us to set a stop loss @ 158.55 in case the stock turns against the trade. 159.01 is the first level of resistance above 138.29, and by rule, any break above resistance is a buy signal. In this case, 159.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short THC slightly near 159.01, target 136.86, Stop Loss @ 159.47. Details

The technical summary data is suggesting a short of THC if it tests 159.01 with a downside target of 136.86. We should have a stop loss in place at 159.47 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 159.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for THC

• Buy THC slightly over 159.01, target 182.53, Stop Loss @ 158.64 Details

If 159.01 begins to break higher, the technical summary data tells us to buy THC just slightly over 159.01, with an upside target of 182.53. The data also tells us to set a stop loss @ 158.64 in case the stock turns against the trade. 159.01 is the first level of resistance above 138.29, and by rule, any break above resistance is a buy signal. In this case, 159.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short THC slightly near 159.01, target 136.86, Stop Loss @ 159.38. Details

The technical summary data is suggesting a short of THC if it tests 159.01 with a downside target of 136.86. We should have a stop loss in place at 159.38 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 159.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Tenet Healthcare Corporation (THC) available here: THC.

THC Ratings for January 23:

AI Generated Signals for THC

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Prudent Investment Analysis requires observations of the support and resistance levels for Tenet Healthcare Corporation (NYSE: THC) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for THC change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if THC is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for THC too.  All of these are offered below the Summary Table.