The Long Investor
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$HIMS
🕑 Added 2025-04-24 12:29:20 +0000 UTCStay the course folks.
Another day of holding above the 200 Day MA, the 50 WMA and the blue support line.
Price tested the top of the channel too yesterday at $29 so buyers are lurking to step back in again.
It is also getting tight now between the blue line and the channel breakout level so a direction must be taken soon
This can happen before earnings on the 7th of May too.
For me, a clean breakout above the channel and the 0.618 Fib at $29.62 and holding is what we want to see next.
I believe as soon as we get this, more buyers will step in because an important support level has been recaptured.
I like what I see here, indicators continue to show a slow trend reversal and sellers have dried up
Comments
G4Golf
https://www.tradingview.com/x/cnv7YyRf/ And what looks to me like a nice upward trend from 2023?
Matt
The price closed below the blue line yesterday
