$HIMS
Added 2024-05-08 17:04:27 +0000 UTCSome profit taking today and after the market opened yesterday and we can see that the price is back down to the 0.5 Fib $11.40, exactly at the price it was at before the earnings were released.
We speak a lot about the market always giving us a second chance and this is another example, so what I am watching for is a hold of $11.40 or the 0.618 Fib at $10.40 and I will add again to my position
Earnings report was a success and there is a lot of potential here, even following our impulse count for the remaining part of the year.
As long as support is found above the 200 Day MA then I expect this to move higher as shown.
Comments
Did you add today or still waiting?
SP
2024-05-08 19:34:10 +0000 UTC
