The Long Investor

$HIMS

Added 2025-02-10 11:20:13 +0000 UTC

Up +4% in the PM now after a successful Super Bowl ad launch last night and looking at some graphs, a lot of traffic was directed to their site after this launch.

We can see that the 2.618 Fib at $45 is again tested today and see that this level was tested last week too.

I trimmed -15% last week of my holdings and I am likely finished trimming now, momentum and catalysts are still there and we have not see a rejection yet, so trimming after I've made +350% gain in 9 months (again) makes sense here for me here.

$50 is still possible here too but I would like to see a Wave 4 pull back come in and their earnings could be the trigger.....as this gain since the start of the year is likely down to the masses believing $HIMS will smash their earnings...so it may be factored in shortly.

For me, holding 85% of my position now is something I am happy with, as this is by far my largest position.

I will add again when the price action pulls back and holds for Wave 4.