$HIMS CEO has come under fire this week for supporting the Pro Palestinian camps in Universities across the US, his views are his views and he is entitled to them but he is seen as the CEO of HIMS whenever he speaks, not as an individual.
I believe this pull back here is likely in an ABC correction now and still holding on the 0.5 Fib but it may need the 200 Day MA at the 0.618 Fib for support at $10 before it can move higher.
My overall impulse structure has not changed and their fundamentals remain strong.
Andrew Lui
2024-05-03 12:03:03 +0000 UTC