$HIMS
Added 2024-08-01 19:33:43 +0000 UTCHow many times has $HIMS been under attack, only to bounce and recover immediately, what makes this even more interesting is that earnings are out on Monday after the close.
The flush down today caused by the CEO of $LLY explaining that the GLP drug shortage will soon be over is an overreaction in my opinion.... I struggle to see how this would negatively affect $HIMS and this is nothing more than an opportunity.
It did cause our subwave 4 to to be changed but the overall impulse structure has not changed.
3 waves are clear here too in this subwave 4 but we need the price to hold above the invalidation line at $17.15.
A hold on the $18.47 line at the 0.5 Fib and I am adding again, just as I did at $11.50 on the 0.5 Fib in May and just as I did at $19 in June when wave A completed.
Comments
What an opportunity. Would be buying if I was still liquid
Chris H
2024-08-02 11:34:43 +0000 UTC
