$HIMS
Added 2024-06-11 12:27:50 +0000 UTCDoes $HIMS have the legs to run all the way to the 2 Fib at $24.92?....yes it is possible and the pull back we got in May was Wave 4, in spite of it being extremely short and unorthodox but for me, I am sticking with my projection here on the chart that we get a pull back for a proper structured Wave 4 before going higher to complete Wave 5.
If this does happen, I think Wave 5 could go even higher. $24.92 is at the 2 Fib but we have seen a lot of Wave 5's lately going to the 2.618 Fib which would be at $30.
This is also why I only sold 20% of my $HIMS position at $20 to buy $SHOP, we can never rule out a stock with positive momentum continuing to push higher.
Thankfully my $SHOP position is up 7% too, so there was no loss there.
