Shares of Tenet Healthcare Corp ($TEM) have surged following recent short disclosures linked to a report by Spruce Point. Despite the report, $TEM's stock price rose over 16% from recent lows, climbing back above the $60 mark after dipping to $53. Market participants noted strong technical indicators, including monthly, weekly, and daily reversals from key trend support levels, suggesting potential for further gains. Additionally, multi-timeframe cloud confluence analysis indicated bullish momentum, with price levels surpassing key resistance points at 20/21, 50/55, and hourly 34/50 cloud levels. Investors holding July call options have benefited from the rally, emphasizing the importance of position sizing in capitalizing on such moves.