$HIMS
Added 2024-08-27 15:17:17 +0000 UTCHow many times have we seen information get released and $HIMS flushes, only to stabilise and move higher next, enough times since the start of this year to know that this time is no different.
I was anticipating a lower low from the 5th of August today but it has not come yet, as was discussed in the chat group, there are a lot of support levels close by, the next one being the trend line support from October '23 low, the 0.5 Fib at $14.22 and the 0.618 Fib at $11.50
All of these support levels do not concern me if they are tested
I have wanted to add $HIMS lately and now if we get some stability, I have my opportunity
Comments
I don't know how many times I have to learn this lessons... Wait for the Cap to confirm support is sufficient!
Nick E
2024-08-29 08:56:36 +0000 UTC0.5 Fib is at $14, the low is in October ‘23
Gareth Neary
2024-08-28 06:20:46 +0000 UTCOctober 23’ low is at 6$, not at 14…?
Matt
2024-08-28 06:15:21 +0000 UTCABC generally fall to the .618. Right?
Brian
2024-08-28 00:49:23 +0000 UTCKeep in mind there is a massive short.
DC
2024-08-27 16:22:19 +0000 UTCForgot the negative net debt.
DC
2024-08-27 16:21:56 +0000 UTCSold puts at $14 as i’m happy to own there
DC
2024-08-27 16:14:11 +0000 UTCRevenues: growing at 50% pa Gross margin: 80% and growing FCF Margin: 10% and growing ROIC: single digits but growing as well Capex: low R&D: low Competition: HIMS numbers are way better What’s not to like?
DC
2024-08-27 16:13:41 +0000 UTCEyeing up that 0.5 Fib 🤝
Josh Stevens
2024-08-27 15:44:17 +0000 UTC
