$HIMS
Added 2024-09-24 16:20:28 +0000 UTCWe now know that the pull back to the 0.38 Fib was subwave 4 and now we have a bounce up to the 50 Day MA.
We will need to see how the price handles this potential resistance level, any rejection here and we are looking at the subwave abc pull back next, with the target support level expected to be on the yellow trend line.
I will add the fib support levels once a rejection is found
A break and hold above the 50 Day MA and we need to wait for its movement to complete.
