$HIMS
Added 2024-06-18 09:30:06 +0000 UTCDisclaimer: I am only provisionally putting in the White Fib levels here incase Wave 5 has completed at the 2 Fib.
We know that Wave 5 can extend and go as far as the 2.618 Fib at $30 but there appeared to be some profit taking at $25 yesterday as the price hit the previous 2021 high, which is completely understandable and this is where we had our Wave 5 target 7 months ago too.
So if the ABC correction starts now, we know where the pull back areas are to, notice how the 50 Day MA is aligning with the 0.38 Fin and the 200 Day MA is aligning with the 0.618 Fib at $11.
Right now I have not sold in this Wave 5, the last time I sold was 20% at $20 to buy $SHOP which is up about 16% now.
I will announce if I sell but it will be a max of 50% of my holding, I want to hold $HIMS for long term, this is what I did with $AMZN too.
Comments
waiting for retracement.
Jedi
2024-06-19 10:28:40 +0000 UTCIn the same boat here. Just focusing on the profit realized, not the potential lost!
Sam
2024-06-18 16:33:56 +0000 UTCI have often regretted in the past not having taken profits, but for him, I sold too early. I surely won't chase here, but I'll definitely keep my eyes open to take advantage of the next pull back
Luc
2024-06-18 13:19:18 +0000 UTCI took another 20% off yesterday.
Lyndon Richards
2024-06-18 09:51:11 +0000 UTC
