$HIMS
🕑 Added 2025-05-02 15:53:43 +0000 UTCOn +9% days I think it's best to do a second update because I want everyone to know where the levels are that we are watching.
My plan: let the price action run into earnings, it has obviously ran extremely well lately and into earnings and we will be expecting an abc pull back since we are in Wave 5 now
But like I said in the group chat, I am not playing the subwaves, the short interest is too high...this can quite easily squeeze and I do not think it has happened yet as there are no obscene parabolic moves yet.
I have added the amber fib levels if we complete Wave 5 at $44, so the buy range will be between $31 - $34.
I think many will be adding here too, once earnings has no issues.
So enjoy the ride today but no chasing please.
Comments
Georgette
I can not open the implied vol post regarding $HIMS earnings. Could someone let me know what it says, please? Thank you!
Ondrashin
Yes the wave 5 refers to wave "v" on the chart, even the price is explicitly mentioned. So when wave "v" is finished we expect pullback to the amber levels. This small roman numeral count can then be regarded as a wave1 and wave2(amber levels) which is just a beginning of the long term wave3 circled.
Titan 25
Quick clarification question regarding vocabulary: Are you referring to Wave 5 as the "subwave 5" within Wave 3 on this chart? Essentially, when you're saying Wave 5 here, you mean the end of Wave 3, subwave 5? And once "subwave 5" is finished, we'll enter Wave 4, which is an ABC correction? I ask this because the chart only shows Arabic numerals 1 and 2 currently (which I assume relate to the "greater waves", with Roman numerals I-V (which I assume relate to the inner "subwaves").
BK
One of the best place to be. This is my 6th subscription so far and this is the best place. Thanks for clear guidance so far nobody is able to do it. I have been trying to find best subscription service and this is the best so far :)
Mo
Does that mean we should trim after earning?
WhoDey
Thank you diego
Ronnie
Love this update!
DiegoTheSabre17
WhoDey - Elliott waves are fractal in nature. Think a wave within a wave. So this is just a smaller degree wave for HIMS. Wave 3 usually extends and has many waves within it. You will learn with experience.
yaf
Love the clarity. Ty!
Chris H
Thanks cap 🔥
WhoDey
How do you guys do it. I thought we were in 3 going up to $130 lol.
Nigel
So are we in a mini wave 5 in a larger wave 1? Ty