I have added in the smaller subwaves in this Wave 3 to help guide you because there has been some wild swings here since the report has been issued and for the month of October
This is not new to $HIMS but you should always revert back to the overall trend and that is very clear
This smaller impulse wave started at $18.60 and jumped to $22.20, so a subwave 2 is expected after a climb like this
It looks clear to me that institutions are keen to add this and have been trying to go after lower entry points because all dips continue to get bought up heavy
Which is why we took advantage at the opening yesterday.
If the market starts its year end rally now, then $HIMS is going to benefit from this and the chart is showing this too.
So hold it, forget about it and don't bother getting caught up in any intraday movements.
Gareth Neary
2024-11-06 13:28:29 +0000 UTCVojtฤch ล imeฤek
2024-11-06 13:27:12 +0000 UTC