The Long Investor
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$HIMS
🕑 Added 2025-02-24 12:21:41 +0000 UTCBig day for $HIMS today, they report after the close and across the board everyone is expecting a strong report and are keen to hear their guidance.
The big question mark now will be how they address the result that Semaglutide is no longer on the shortage list but as we have seen lately, they have positioned themselves to move into other markets and have in my opinion, took action immediately and I expect them to maintain their outstanding growth.
Wave 4 is where it needs to be now leading into its earnings, so the set up is there once the market is happy with the report.
There could be more volatility today and a flush down to the 0.5 Fib this week can not be ruled out.
I will add again as soon as support is confirmed.
Whatever happens today, we have a plan and will not get triggered....this company I believe can be a $100 Billion Market Cap company in the next 3-5 years.
Comments
Nighthawk
With the low today at $43.81, that puts us right around a key level for Wave 4 in the Elliott Wave theory, which typically looks for a pullback in the 50% or 61.8% Fibonacci retracement zone?
Joey Bone
Just shattered a vase reaching to open my phone for this one
Borja
thanks Cap, let's go guys
JR
would you be expecting support to be confirmed after the report?
