$HIMS
Added 2024-11-05 13:04:12 +0000 UTCCongrats all holders, our Buys since $11 have been excellent and $HIMS is now sitting as my largest holding right now because of these gains.
Structure continues to be strong, in spite of some swings in October, which allowed us to update this impulse wave and I am glad we did, it allowed us to add again at $19.26 to catch this strong bounce this week.
Earnings were impressive and we've look at length at these now.
Wave 3 remains at the 1.618 Fib at $33.90....there are no changes here.
We know that the blue line is important, it was the High in June '24 and in Feb 2021.
I suspect there will be some resistance here, which could signal Subwave 1 of Wave 3 completing at this point and we get a pull back then for Subwave 2 of Wave 3.
As always, Wave 2 and Subwave 2's is where we always want to add once we see a hold....hence why we added last week at $19.26.
I will add the subwave 2 pull back levels once I see some resistance.
All I want to see this week however is a higher high above $23.77.....this indicates that we have a higher high and higher low and the trend is expected to move to the upside again.
