🚀YEET Plus Special Pick: Beyond the Horizon
A special longform YEET on a new SIGNATURE trade
First Horizon (FHN) has quietly clawed its way back to a major technical inflection point, brushing up against multi-year highs after a long recovery from its 2023 regional bank scare. Once left for dead during the post-SVB contagion, FHN has benefitted from renewed confidence in the regional banking sector, stronger-than-expected loan performance, and the easing of deposit flight concerns. With recent upgrades in the space and chatter of M&A back on the table, FHN is positioning like a comeback story with legs. And right as price tests gap-fill territory near $24.89, smart money flow is starting to light up.
I first noticed this because it was a $25C — well out the money — on our People’s Screener™. That led me digging into their flow and I found...
Free homies get a look at People’s Screener Results today:
