it is clear I am a $HIMS bull but I will always call it as I see it and even if that means making the difficult calls and I am not shy of saying it on any stock
But that being said, the weakness today has reassured me on two fronts:
The blue support line held today and I am seeing a very clear Inverse Head and Shoulders pattern now.
The blue line can still hold and bounce from here but the right shoulder could mean another retest of the 0.618 Fib at $24.66 but holding here would still mean a higher low too and then recovering to the upside leading up to earnings.
So no changes to my position, a hold above these levels into earnings and I am happy.
Brian
2025-01-09 02:49:39 +0000 UTCJason
2025-01-08 23:47:14 +0000 UTCAmadeus
2025-01-08 21:58:37 +0000 UTCAngesh
2025-01-08 21:57:03 +0000 UTC