The Long Investor
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$HIMS
🕑 Added 2025-04-16 20:11:40 +0000 UTCI saw some wild predictions in the chat group earlier for $HIMS, I am not sure where this magic number of $22 came from but $22 is not a support or resistance, a moving average or a Fib support level.
All we saw today was another retest of the 200 Day MA once again and holding.
The channel top line is also moving down now and aligning with the 0.618 Fib at $29.54, so the price is getting squeezed into this area.
A direction will need to be taken shortly and holding above the 200 Day MA is a good sign, so this must hold now.
A lot will depend on how the market reacts after the sell off today, so far, there is no need to do anything to our position.
Comments
Tom E.
What a bubble burst for $HIMS. Now down more than 60% off the high. We have another extended opportunity to accumulate.
Tyler
100%
Gareth Neary
Yep, it's nonsense
Tyler
BOA put out 22
