$HIMS was caught up in the market sell off too and when this happens we need support levels to deliver and this is what happened with $HIMS yesterday
Back to the 0.38 Fib for the 4th test since the 10th of December.
This 4th test was aided by the 200 MA on the 1hr chart and both aided with support.
4 tests of support is great to see, so the market is saying that if the FDA decision is what we want to hear today then this should react positively as we have been expecting.
If we don't get the decision we want then the support level could struggle and $25.41 green support line may be tested again.
Sunja C
2024-12-19 14:51:17 +0000 UTCJordan Vasilev
2024-12-19 11:59:36 +0000 UTC