AdaptHealth (AHCO) is gaining bullish momentum, with a gap forming around the $8.97 level. A breakout above the $11.70 resistance would signal further strength, positioning the stock to reach the $15.37 weekly resistance. This setup offers an attractive risk-to-reward ratio, with downside risk managed by a stop-loss at $8.97.

As a leader in home healthcare solutions, AdaptHealth stands to benefit from the increasing demand for at-home medical services and equipment. The company’s focus on expanding its service offerings and its strategic acquisitions position it well to capture a larger share of the growing healthcare market. This mix of technical strength and solid industry positioning supports a bullish outlook, with $15.37 as the next key target.

AHCO
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