Big fan of $HIMS in this group and it has been one of our best performers over the last 2 months
Price action is holding up well but still some resistance has been found at the 1.618 Fib which is where we have our Wave 3 level.
RSI is also painting a story for us too, the last time the RSI was at these elevated levels was in March and we got a healthy pull back next.....which allowed us to add aggressively before and after earnings.
So I would welcome this opportunity again for a healthy pull back for Wave 4 as shown to add to my position.
Mark
2024-06-06 07:29:06 +0000 UTC