$HIMS
Added 2024-07-08 14:58:43 +0000 UTCMarket is still finding it feet since the opening with some wings from green to red and green again.
$HIMS opened well and jumped to $21.42 and is still keeping above its 0.5 Fib at $20.39.
I like the structure here, how the Wave 4 pulled back in 3 waves and held above the 0.5 Fib and 50 Day MA and then bounced and the smaller pull back held exactly on the 0.618 Fib at $20.
What we want to see this week is a higher high next above $22 and this confirms the trend to the upside.
Primary Wave 3 target remains at $29.
Comments
Hey Cap! I only have one buy in HIMS. What would be a good level to buy it again.
Salim Jessani
2024-07-08 15:07:59 +0000 UTC
