Another difficult day for the market but another retest of the 200 Day MA from above and holding
The wild swings we see from $HIMS are almost custom at this stage and as always we watch for support and resistance levels getting tested.
The Blue support line was not needed for a test either yesterday which is also a good sign.
My belief is that the market will bounce for at least a Wave B bounce and we have seen that $HIMS reacts very well to a green market, so I would expect it to follow.
All we need to see is a break above the channel and holding at $32 next....and in the meantime, staying above the blue support line and the 200 Day MA.