Jul. 1 at 1:01 PM
$CHE dropped 13% after cutting guidance, but the move feels overdone.
No earnings miss, no big downgrades. Just margin pressure at their hospice unit (VITAS).
If it can hold above
$480 and push back through
$495–
$500, I’m looking for a bounce toward
$515–
$525.
Not touching it if it breaks under
$468.
#CHE #trading #stocks #oversold