The Long Investor

$HIMS

Added 2024-11-22 12:39:26 +0000 UTC

$HIMS chart is going to be confusing, it's incredibly complex right now because there is a Bull Case Scenario and Bear Case Scenario in play here

(as there was when $AMZN pulled back on the 5th of August and we bought at $160, to capture both scenarios, because in both scenarios, it still needs to bounce, for a Wave B or continue in Wave 5)

For those who are confused with $HIMS, here is the simple version:

The $25.41 is the Bull/Bear Case flip line, holding above this level and the Bull Case is in play and the next test is at $28.57. Rejecting at $25.41 and the Bear Case play is in play and we get a pull back to below $16.65

That's it.

I have a lot of $HIMS so I am not adding anymore unless the risk reduces and that means a hold above $25.41.

My job is to decipher these movements for you, when a stock swings +10% and -10% each day, it will be testing....as it was for the month of October, but we still guided you through this.