$HIMS
Added 2024-09-20 17:44:06 +0000 UTCOk we knew the pull back would need to come at some stage and it has likely started today, pull back has come back to the 0.38 Fib at $15.70 today, losing this level and we can assume that this pull back is a standard abc pull back so we would be looking for a hold between the 0.5 - 0.618 Fib between $14.90 and $15.30 which the yellow trend line is cutting through right now
So we want to see a 3 wave pull back and a double hold on the standard pull back levels and we will be happy with this higher low Wave 2.
Comments
Perfect test so far, we want to see a higher low next if this is subwave 4
Gareth Neary
2024-09-23 15:04:01 +0000 UTCWas that a perfect hold at 15.80?
Chris H
2024-09-23 15:03:10 +0000 UTCAlso a good adding opportunity
DiegoTheSabre17
2024-09-20 22:53:16 +0000 UTCA hold in this range would look an awful lot like an inverse head and shoulders, too.
Jeff O
2024-09-20 18:09:29 +0000 UTC
