⚕️ Tenet Healthcare (THC): Positive Outlook in 2024! 🏥📈📊 Analysis:
Positive Outlook: NYSE:THC anticipates continued organic volume growth, strong patient acuity, and effective cost management in 2024.
Strategic Move: Alleviated long-term debt by selling three hospitals in South Carolina for $2.4 billion in cash.
Financial Performance: Strong finish to the year with an attractive adjusted EBITDA margin.
📈 Bullish Sentiment:
Entry Range: Suggested entry above the $77.00-$78.00 range.
Upside Target: Aiming for an upside in the $145.00-$147.00 range.
🌐 Note: Monitor THC's performance in line with its outlined strategies and financial results! 📊💹 #THC #HealthcareOutlook #BullishSentiment 🏥📈
THC
Tenet Healthcare to Sell Three South Carolina HospitalsTenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Novant Health for the sale of three Tenet hospitals and related operations in South Carolina for approximately $2.4 billion in cash (after-tax proceeds of approximately $1.750 billion).
The transaction will include Coastal Carolina Hospital in Jasper County, Hilton Head Hospital in Beaufort County, East Cooper Medical Center in Charleston County, affiliated physician practices and other related hospital operations. Tenet’s ambulatory facilities operated by United Surgical Partners International (USPI) in these markets will remain with Tenet.
Under the purchase agreement, Tenet's Conifer Health Solutions subsidiary will enter into a new and expanded fifteen-year contract to provide revenue cycle management services for the South Carolina hospitals and related operations.
Furthermore, Novant Health and USPI will be enhancing their ambulatory surgery partnership to increase access to high-quality, ambulatory surgical services for communities across the Carolinas.
For the last 12 months ended September 30, 2023, the three hospitals and related operations included in the sale generated revenues of approximately $552 million, pre-tax income of approximately $126 million and Adjusted EBITDA of approximately $150 million, excluding interest expense of approximately $1 million, litigation and investigation costs of approximately $3 million, and depreciation and amortization expense of approximately $20 million. The Company estimates recording a pre-tax book gain of approximately $1.6 billion as a result of this anticipated transaction. Tenet anticipates utilizing the proceeds from the transaction primarily for debt retirement.
The transaction is expected to be completed in the first quarter of 2024, subject to customary regulatory approvals, clearances, and closing conditions.
Technical Analysist
Price Momentum
THC is trading in the middle of its 52-week range and below its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some downward momentum.
THC Tenet Healthcare Options Ahead of EarningsLooking at the THC Tenet Healthcare options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-2-17 expiration date for about
$1.10 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
HEXO, A PATH TO $1 - SELL BEFORE 4/20?I've been watching this stock for awhile now and I think we've finally hit that point where a turnaround happened. Look, Cannabis is going to be a big industry, but it's a matter of how long. Now Hexo has 180 days to climb back over $1 and the question becomes, "can they do it?" From what I've seen in the charts, I feel we might see a pump pretty soon, sometime before april, which will unfortunately allow the stock to drop right around 4/20, giving it a chance to settle around $1 before the 180 days are up. Good news, if you catch the drop right, there might be a chance to ride Hexo back up to around $2.70-$3.00 long term and then close to $5 per share even longer term.
Does anyone else still watch this stock or am I the only one??
Let me know if you are seeing another scenario play out in the comments.
IGC India Globalization Capital bullish newsAfter the last pump and dump of IGC caused by Cohort 2 of IGC`s Phase 1 THC-Based Clinical Trial on Alzheimer’s Patients
now India Globalization Capital comes with another bullish news on the subject: the cannabis-based investigational drug IGC-AD1 was safe and well-tolerated by the Alzheimer’s trial participants!
My first target is the 2.10usd resistance.
VFF when was the last time you saw a Strong Buy rating ?!I think Cannabis stocks will be the next EV`s in terms of market explosion in the next few years.
Yesterday, 8/17/2021 Raymond James brokerage Boosted VFF`s Price Target to Strong-Buy from $26.00 to $27.00
My price target is 20usd.
Two days ago Village Farms International Acquired 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category, which provides immediate access to the US retail CBD market, estimated to grow to US$16 billion by 20252 (from US$4.7 billion in 20202).
THC USD Possible Bullish structures
It looks like THC has potentially 2 bullish structures in the make that could bring it back to previous resistance (+/- 100% up)
1) A possible cup of cannabis tea with handle
2) Possible inversed head and shoulders (less likely)
THC USD Hempcoin's blunt are cheap It Seems Like Hempcoin found support around 0.01$.
THC has planted their seeds in the bottom and will probably start growing soon. It might need some help getting thru vegetative state but if all goes wel THC will flower pretty good.
Now that Pepe got into THC he's hopes are set on monster bud and giant cola's.
Either way, for now, THC seems pretty cheap for a blunt if you ask me.
THC (Tenet Healthcare Corp) Like the look of this THC chart. Healthcare has been a "buzz" sector and I think it will really pick up steam after the election. The green horizontal lines indicate 1M/3M areas of resistance, the light blue line weekly level. Trying to do more following of price action on this one rather than attempting to be too predictive. I am long as of now with the intention to hold for a few months.
Descending broadening wedge pattern MbII is trading in a bullish broadening wedge pattern, price action and volume within the flag seems bullish
Quick day trade or swing trade possible here
Bullish news for the cannabis industry.Yesterday’s announcement of a movement towards cannabis legislation has been the best news for the industry since the listing of cannabis stocks. The THCX fund is newer and has a lower market cap then the MJ ETF, it also trades at a lower price making an attractive buy for retail investors. It’s holdings are:
APHA Aphria Inc 8.95% 603437
TLRY Tilray Inc 7.83% 333051
CGC Canopy Growth Corp 6.94% 172783
GRW. GROW GENERATION 6.44% 129468
GWPH. GW Pharmaceuticals P 6.16% 32626
VFF Village Farms Intern 5.96% 476411
CRON Cronos Group Inc 5.63% 514377
AMRS Amyris Inc 4.68% 444447
HYFM HYDROFARM 4.67% 62020
Technically speaking, yesterday surge In volume along with positive news is driving the stock higher. If we manage to have a positive close 1/4/21 this could be the start of accumulation, and a move to complete the rounded bottom and test the IPO price, here a cup and handle, or a continuation of the uptrend do to social media, new retail investors, hype, super positive outlook could form.
Holding shares
Sundial MT (February 2nd 2021)Sundial (SNDL) (February 2nd 2021 through 2022)
Low: $0.56 - $0.60
High: $2.09 - $3.30 - $5.22
This is one I have been watching for a little while and found an excuse to chart it last night with Cindicator asking questions about for a forecast.
As it's a cannabis company stepping out of its first gnarly bear market into a world of expanding marijuana freedoms, I have reason to believe this will be very bullish in the coming year or 2. Potentially will exceed my fibonaccis by a couple golden multipliers if the bearish reactions aren't too severe for each new notch Sundial goes up. Definitely a good penny stock to watch for the future, potentially great opportunities here.
Most of my fibonacci price action makes sense (to me) and leads me to believe this could be 1 potential working fibonacci setup. The paths are a little bit messy but just gives a general idea of price action I expect to happen. It could happen or slower than I expect it to as well, many things to watch out for but I only hear of more and MORE positive cannabis news in Canada and the USA. In my opinion, the USA's MORE act will help immensely when things really get rolling if it happens like I think it could.
Potential cup and handle forming in this chart? If the next few months go "parabolic," I would definitely look for any short term selling points around $5.22 to re-buy at slightly better profit just under, maybe near $3 or $4. Even that scenario might not happen perfectly but I will be watching this one closely in the future if I can help it.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
#LEGALIZEIT $MJ ETF Daily ChartYou already know it... Holding the mj sector longterm & reinvesting dividends & diversifying in new canna tech businesses will = financial freedom ♾ might need another 10 years but well worth the wait later on!
JUST #LEGALIZEIT ~~~
BLAZE IT & reap in those extra tax revenues for schools, roads ect...
its just plain stupid for tax payers to continue to pay for incarcerated immates over a FKn plant that the good god put on this earth for a reason & has been used for thousands of years medicinally.
Greenlane Holdings Imminent Golden Cross on Weekly - Big Vol. CWIt's been fun haters. #watchthis. #mci #gnln
I'm still going with it's IPO listing of $17 by EOY. Call me crazy.
I am Risk Savage!
lmao. peace.
#cannabissaveslives
#iuse
#watchthis
#maxcreativeinvesting
#veteransforcannabis
#federalize
They're a billion dollar company in a few years. Big fan here. #yourewelcome
TGODF The Green Organic Dutchman - Not Very Convincing - Show MeAre any Canadian companies gonna produce the profits? Time will tell. Til then, USA mso's. $GNLN. GL weed lovers. USA THC is the future. #federalize #maxcreative #risksavageinthewild #gopromax #iuse #watchthis #gnln
Greenlane Holdings Imminent Golden CrossI bought August 26th thinking that day was a great "higher low". I stand by that purchase too. Buy it under $13 for a steal. LMAO. Get a clue America. You've been duped already. FAANG hype mania 2020. Get wrecked media pamping. Overleveraged bubblicious large caps. #cannabisboom2020 #mci #watchthis #gnln #federalize
Linktree RiskSavage
HempCoin (THCBTC) Trade Signal (800%+ Potential Profits)Here we have a full trade signal for the HempCoin (THCBTC) altcoin trading pair available on Bittrex.
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THCBTC
BUY: 0.00000064 - 0.00000075
NEXT SUPPORT: 0.00000047
TARGET:
1) 0.00000091
2) 0.00000124
3) 0.00000179
4) 0.00000265
5) 0.00000330
6) 0.00000410
7) 0.00000495
8) 0.00000550
9) 0.00000640
PROFITS POTENTIAL: 816%
STOP: Close weekly (W) below 0.00000036.
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Namaste.