The Long Investor
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$HIMS
🕑 Added 2025-01-31 17:04:16 +0000 UTC$HIMS hit +50% YTD in its first month of the year and the bounce since $24 has been strict and aggressive (without going parabolic) truly an award for our patience for keeping with this and adding on the pull back.
Every single one of us is in strong profits here with $HIMS now.
Since we are above the $35 level now, I see only two options:
1. A retest of the $35 level and holding
or
2. A pull back in 3 waves to the smaller green fibs levels as shown.
However it is still not clear that this bounce is complete yet, the RSI is only now at 70 on the daily chart and is not massively overbought yet
So let's keep monitoring for any resistance and rejection and wait for the pull back to come when it's ready.
Staying above $35 and the next target is $45.
Comments
Robin Truth
Waiting to see if trimming is reasonable
Ceușan C.
thank you!
Gareth Neary
Yes, it's still in Wave 3.
Ceușan C.
If we lose the 35$ and reach the green fibs levels, 45$ target later its still in play?
