$HIMS
Added 2024-11-04 18:34:56 +0000 UTCAnother good day for $HIMS and nice healthy gains from our recent buy at $19.26.
But it all comes down to how the earnings report goes later on after the close....we are expecting it to be good and a beat but there are certainly high expectations now.
Estimates are:
Analysts anticipate earnings per share (EPS) of $0.06, marking a 250% increase from the same quarter last year. Revenue is expected to reach $382.09 million, up 68.5% year-over-year.
This is high but if they continue to meet the standard that they have achieved all year then I expect them to beat.
Guidance will also be important here too.
A positive response and we move up to the blue line as expected next at $25.41
Any misses and we are looking at a pull back, support levels are:
0.618 Fib at $17.39
200 Day MA at $16.37
Bear Case invalidation line is at $13.46.
My overall assessment is that $HIMS will continue to move in this impulse wave as shown.
Comments
THEY CRUSHED IT :)
Sofiane
2024-11-05 08:42:08 +0000 UTC🤞🏻
Amadeus
2024-11-04 18:47:23 +0000 UTC
