$HIMS continues to consolidate under the $34.85 level and is testing the 0.236 Fib level now again today
The ascending triangle was starting to lose shape so I am showing a consolidating channel now between the top line and the the low at the end of November.
I will be happy to see $HIMS consolidate above the 0.38 Fib which is standard for Wave 4.
We can see in the meantime that the 50 Day MA is moving higher since November and this will help the structure
Overall, no concerns here.
Kad
2024-12-10 17:52:51 +0000 UTCleon lee
2024-12-10 15:44:17 +0000 UTC