$HIMS
Added 2024-05-20 15:50:27 +0000 UTCSecond update because I know a lot of members are considering taking profits and deploying into other positions we are looking at
Price action is very close to its 1.618 Fib at $21 now and this may trigger some selling, especially after such a strong move.....we know what happens after strong moves like this, parabolic moves trigger selling.
For now, I have not done anything and will continue to observe.
I had a dilemma on Friday, not being able to sell anything in order to buy $SHOP and $ABNB but it would be a sensible move here to take profits shortly at Wave 3 PT and add $SHOP or $ABNB
This is what I am thinking right now and will likely be the action I will take.
Comments
Shop or IQ. I’m conflicted
Brian
2024-05-20 15:59:38 +0000 UTCPlease let us know, when you do sell/take profits, how much of your current position you do sell, thanks!
Damien O'Sullivan
2024-05-20 15:59:12 +0000 UTC
