The Long Investor

$HIMS

Added 2025-04-14 11:09:31 +0000 UTC

I have not shared the longer time framed chart for $HIMS for some time so now is a good time to do it.

The entire move from 2023 to the start of 2025 is Primary Wave 1 for me, the pull back we are experiencing now is Primary Wave 2 and we are still to confirm that Primary Wave 2 is complete

Holding above the blue support line, the 50 WMA, the 200 WMA and the 200 Day MA are all good indications that Primary Wave 2 is complete but we want to see a break out of the channel at $32 and recapturing the 50 Day MA next at $38.

What we need to see is $HIMS keep to their projections which they have told the market and they have a habit of exceeded expectations.

Primary Wave 2 was needed to get to Primary Wave 3 as we know and we have taken advantage of the pull back that got caught up in the market sell off too, I added last week too and I am happy with my position and will hold for Primary Wave 3 to $137.