$HIMS
Added 2024-12-03 13:27:00 +0000 UTCOk so this is playing out very nicely for us and moving as planned
Yesterday was a big test because it was up +4% in the PM and when the market opened but we showed that Wave 4 needed one more pull back and after the market opened, the price start to bleed off and finished -4% for the day.
We can see now that the price is just resting on the 0.236 Fib in the PM today.
I want one more drop down to a lower low below $29.84 and the 0.38 Fib at $28.50 and I will be happy to see a hold of support come in then, we can also see that the 50 MA on the 1hr chart is moving up to this range to offer support, which is a positive sign.
Once we see a hold of support, I will add to my position again to catch Wave 5 into the end of the year at $45, this would be the ideal scenario.
Comments
Excited to double my position at $29 range hopefully!
Noorddin Alsawfta
2024-12-03 13:51:39 +0000 UTCI will trim if we hit resistance but will not sell out completely at Wave 5
Gareth Neary
2024-12-03 13:40:42 +0000 UTCWill you plan to trim or sell out completely at the end of the wave 5?
RP
2024-12-03 13:34:59 +0000 UTC
