$HIMS
Added 2025-03-14 13:07:54 +0000 UTCWe are all big fans of $HIMS and it has been very rewarding to us and will be again in the future....but right now I still believe we are in Wave C and most importantly, it has been moving very well in Wave C too.....we can see that the descending wedge is getting tight so sellers are starting to get exhausted while we track nicely to the standard 0.618 Fib at $29.
We also have a very strong support level just below at $25 if the worst scenario plays out.....but for me, staying in this wedge until the market gives a relief bounce at the very least is something I am comfortable with
Because when the breakout does come, there is potentially a lot of upside and making new ATH's would be expected.
I am considering another buy once support is held next.
Comments
Cap, I reading the book on page 40 it says triangle only be seen in wave 4 and wave B and X. Hence for this case, we should be in a corrective X? And next will be wave 1 ? Also would like to know why you choose to enter once support is held and not till higher high is seen ( is it base on your risk level u okay if it go lower?)
Coy Coy
2025-03-15 08:51:08 +0000 UTCNo this is not a Wave 4 pull back, as the pull back would infringe upon Wave 1’s top, when this Wave C completes I believe we are moving into Primary Wave 3
Gareth Neary
2025-03-15 00:05:02 +0000 UTCSame question
Marcelo 🇨🇱
2025-03-14 19:49:04 +0000 UTCCap, any thoughts on the HIMS leveraged ETF $HIMZ?
Rag
2025-03-14 15:06:30 +0000 UTCCap this is still wave 4 correct? Wave 5 to come next if it’s not invalidated?
Massey
2025-03-14 14:50:44 +0000 UTCIs the breakout and ATH a possibility this year?
Ronnie
2025-03-14 14:11:01 +0000 UTCHopefully, another notification when Cap buys again
Jags
2025-03-14 13:24:46 +0000 UTCPlease let us know the second you buy HIMS again or think it's a good entry
Marek
2025-03-14 13:23:42 +0000 UTCClear and actionable commentary, thanks.
safoo
2025-03-14 13:18:32 +0000 UTC
