$HIMS
Added 2024-09-19 11:50:53 +0000 UTCI want to say that the worst is behind $HIMS and the ABC correction is complete but we do not have a pull back yet from this bounce to a higher low.
The price is up 5% now in the PM and looks like a test of the 50 Day MA is next before it meets any resistance at $17.75.
A remarkable bounce from the mid $13's
A higher low will come eventually and ideally we need it to hold above yellow trend line, which confirms the support
This would also be the ideal level to add next.
$HIMS has been a fantastic chart and buy for us since we added at $11
Comments
Hi cap, just learning here: how do I read the two 4,s and 5’s on the chart. The first 5 has a 3 on it. Does this mean we first thought is was a wave 5 but then the structure confirmed wave 3?
Milko
2024-09-20 06:54:39 +0000 UTC
