The Long Investor

$HIMS

Added 2025-01-16 10:28:36 +0000 UTC

From my last post, I said we should feel comfortable once the 50 Day MA is converted to support....and although yesterdays price action was wild, the price rallied into the close and comfortably finished above the 50 Day MA

I would like to see a retest of the 50 Day MA at $27 to solidify support and then we can expect a higher high next above $28.80

Yesterday we got a +6% day, so usually there is some play acting from traders after a run like this.....but always stay focused on the big picture with $HIMS, once it holds support, we don't have to do anything and not get triggered by the intraday noise.

I am holding because I believe $35 at the very least is next and see no reason to doubt this once $25.41 is held.