The Long Investor
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$HIMS
🕑 Added 2025-04-01 12:30:18 +0000 UTC$HIMS had a positive response on the 0.65 Fib yesterday at $27.30 and had bounced back up to $30 during the day, from -6.5% down to +3% at one stage.
Price has also been moving in the PM too, also up +5% at one stage and now flat.
I expect more volatility in the market today as we prepare for Trumps Tariff announcements tomorrow.
He did hint that they may not be as harsh as expected but he has been labeling this day as his 'liberation' day, so there are mixed messages here.
We will monitor this trend now but there are no changes to my commentary from yesterday
A positive trend recapturing the higher Fib levels will be something we would like to see but until then there is still an overall trend to the blue support line at $25.40, where the 200 Day MA is waiting too.
