Alignment Healthcare (Ticker: ALHC) is a healthcare company that specializes in providing personalized care and support to Medicare beneficiaries. With a focus on improving health outcomes and reducing costs, Alignment Healthcare offers a range of services, including primary care, chronic disease management, and care coordination.

In recent market activity, Alignment Healthcare's stock is retesting the lows and currently sits on a support level. Retesting the lows refers to the stock price revisiting previous low levels, potentially indicating a period of consolidation or a potential reversal. The support level acts as a price level where buying interest is expected to outweigh selling pressure.

Traders and investors should closely monitor Alignment Healthcare's stock as it remains above this week's lows. As long as the stock holds above this support level, the short-term bias is higher, suggesting a potential upward move.