$HIMS
Added 2025-01-02 11:07:19 +0000 UTC$HIMS struggled with the market on Tuesday and finished below the 0.618 Fib, so it is important to see the bulls fight to reclaim this level today at $24.63, price is already above this level in the PM but we need to see how the market opens today...for me, the blue line remains the important level to recapture, it is a pivotal support/resistance level, so holding back above this line will feel more comfortable.
If this is not achieved then the 200 Day MA comes into play which I explained in the last update too, this MA is moving up to $20 now.
I am holding my position throughout but if you are not comfortable with a move down to the 200 Day MA then make the decision to take some risk off the table but I believe many would prefer to just add on the pull back instead.
I would have no issue adding on the 200 Day MA if the price flushes down to this level.
