Skilled Healthcare Group Inc (NYSE:SKH) Upgrade From Hold to Buy.

Skilled Healthcare Group Inc (NYSE: SKH) Upgrade From Hold to Buy.

Skilled Healthcare Group Inc, (SKH) was upgraded to a buy from a hold by Jefferies & Co. Technically speaking, SKH crossed above its 50 day M.A. today and at $8.43 is not at all impossible to see it rise further and test previous recent highs of $17.

Option strategy on such chart formations can be implemented using November Calls. As long as one finds the right priced options the up trend of SKH is almost certain, and it will be at least a test of its recent high at $17.