Waystar (WAY) shares of the healthcare software payments solutions small cap are showing great relative strength near highs as a bull flag has formed since its earnings report last month and now coiled near the 30 level with a breakout above monthly value high of 32 likely triggering a push to new highs towards 35. WAY is a newer issue that went public back in June and has since rallied about 50% with momentum continuing and new analyst upgrades recently as RayJay upgraded to Strong Buy and a $40 target noting that its current valuation does not reflect the potential durability of its double-digit growth amid broader secular shifts in healthcare to more modern technology. Last week WAY saw an unusual buy of 2000 January $32.50 calls at $1.25 to $1.50.