The Long Investor
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$HIMS
🕑 Added 2025-01-30 11:45:12 +0000 UTCWe have bounced from $24 to $32 now in 20 days and once we got the higher high above $28, there has been very little in the way of $HIMS ascent....even the wild intraday swings that we have become accustomed to with $HIMS have started to calm down....this has also happened during one of the most volatile weeks of the last 12 months in the market.
I believe the next test will be $35 and we must expect a pull back at this stage in order to go higher to my next target at $45
So the smaller green fibs reflect this pull back and the 50 Day MA is already aligning nicely with the 0.618 Fib
I am holding regardless because the trend is clear.
I believe any retest and hold of the 50 Day MA is just another opportunity to add.
Comments
florian heller
What is your biggest target for hims? I mean the end of primary wave 5
Gareth Neary
Not for me, I am not trimming these waves....I initially trimmed at $34 for Wave 3 and bought lower, I won't be playing the subwaves
Ceușan C.
Would you trim your position at 35$? Not financial advise
Gareth Neary
It can come at any stage but the mini fib levels are taken from $35
Auzair
Would we expect a pull back right now to the mini green lines or post $35 price target
