Since the 4th of April, $HIMS has been holding on the blue line and weathering this storm extremely well
We know it is a strong support level, the 200 Day MA is there, the 50 WMA is there and the blue line has been in place since the top in 2021.
I saw a comment last night that the price finished at $25.35, 'should we sell our position?'
I thought this was a joke when I saw it first.....but it was not.
That is a concern to see comments like that.
And I hope people realise that this is not how you behave or treat stocks.
Because the price finished 5 cent below the blue line yesterday does not mean that the support is lost, it means nothing.....AH's initially regained the level and then we got the Tariff catalyst we have been waiting for and the price is up to $26.90 now in the PM.
You must ALWAYS give the price action time to work for you, selling the moment a level has been tested is a fast track way to lose all of your money in trading and investing.
You must understand the stocks you own or you will not hold them during testing times.
Was anyone in our group expecting me to sell $HIMS this month?.....nobody was because I know this company, its growth and how the share price moves.
Rob
2025-04-23 14:50:05 +0000 UTCFederico Salerno
2025-04-23 14:34:07 +0000 UTCJay
2025-04-23 11:47:19 +0000 UTC