$HIMS is bouncing well today with the market but we need to start seeing some follow through now next.
Price is just at the 0.38 Fib now at $12.76, I would like to see this level flipped to support and then an attempt is made on the 50 Day MA and converting this to support next too, when I see this, I will be happy that this can start moving higher to our Wave 3 target at the 1.618 Fib level at $21.
Nice start however.
Any rejections at the 50 Day MA and we need to be open to a pull back down to the 200 Day MA.