$HIMS
Added 2024-07-19 11:51:50 +0000 UTC$HIMS pulled back with the market yesterday and it appears to be a heavy rejection at the 1 Fib at $22.58, the structure is still in place and the price managed to find support on the green Fib levels we were watching from the middle of June.
I have added in the Red Impulse Invalidation line now, which means $HIMS is likely in its ABC correction going below this line, which would correspond to the original chart I had been using for $HIMS but for now, we are keeping with this structure as there is no break down here yet.
We can see that the 50 Day MA separates the price from the invalidation line too, so this is a level we want to see held.
I am not touching my position here, I believe earnings will always reign supreme and I believe $HIMS will have a positive beat.
