$HIMS
Added 2024-11-14 12:57:46 +0000 UTCI want to share the longer time frame here because we have just been uploading the year end time frame for the last while.
I believe we are in Wave 3 of Primary Wave 3 now, which is always the most aggressive count, which explains the strong bounces
It is when the masses accept that the earnings and future projections from the company will be achieved and there is mass buying from amateurs and existing holders who continue to add to their positions, as they are buying the trend....coupled with shorts covering, this creates very strong moves.....we are seeing a lot of that now.
Fundamentals also back this up too.
We hit $30 yesterday, so it is not unrealistic to expect another +12% bounce over the next few weeks to the 1.618 Fib for Wave 3 at $34.
This is all in normal circumstances, euphoria can send stocks a lot higher and faster
But all we want to see is the blue line at $25.40 held, everything else we just sit back and enjoy.
If $HIMS continue on their trend of beating estimates, there is no reason we can not expect the share price to be at $73 and a market cap of $17 Billion by around August next year
Comments
Minus 23% wtf?
Marcel
2024-11-14 18:29:41 +0000 UTCAre we thinking HIMS is a solid long term play
Ashish Srivastava
2024-11-14 16:00:46 +0000 UTCThe decline I believe is a reaction news of AMZN expanding telehealth services
ok
2024-11-14 14:57:30 +0000 UTCFor my understanding, it is currently below $25 in the pre market at the moment, but we want to see it find support above 25.41
Thane
2024-11-14 14:30:33 +0000 UTCWhat about the -15% right now guys?
SPART TEAM
2024-11-14 14:29:45 +0000 UTCAmazon One Medical launches service comparable to Hims & Hers, MH reports
Amadeus
2024-11-14 13:38:28 +0000 UTCThe chart says it Toby. The gains can be good. Just play it accordingly
Vojtěch Šimeček
2024-11-14 13:26:47 +0000 UTCDo you want to have 90% return by Feb next year?
Karl
2024-11-14 13:24:28 +0000 UTCWould it be too late to get involved?
Toby Mallon
2024-11-14 13:06:05 +0000 UTC
