Managed to finish the day just above the 50 Day MA which is good to see but we want to see momentum behind this break out, so a clean breakout tomorrow or next week and a retest of the $13.85 level and we have our buy signal to add.
$HIMS has been impressive since holding support on the 0.5 Fib at $11.40 and has been a great earner for us since we added, up over 20% in less than 2 weeks.
We will continue to monitor this closely and will add when we get a retest.
TommyJR
2024-05-17 09:52:47 +0000 UTC