$HIMS has given another opportunity last week when it tested the $20.77 level on Weds and has bounced very nice since.
Price is also up +2% now in the PM to $22.18.
I believe this is moving in Subwave 5 now of Wave 3 and the trajectory remains the same.
Wave 3 finishing at the 1.618 Fib and the blue line at $25.43....leading into earnings.
We always expect Wave 4 at this point then and regardless of the report, this is what we will expect next.
I am not playing any waves however, I am sticking with $HIMS throughout this impulse wave until Wave 5 is complete.
miguelito obispo
2024-10-30 16:10:22 +0000 UTC