Very strong recovery yesterday, the price had dipped below the 200 Day MA and the $25.40 level and it appeared as though an army had mobilised and bought the dip hand over fist from the moment the market opened. Price went from -15% to +13% at one stage.
Before the the market did open I shared my Buy list and their targets.
$HIMS under $25 is Buy from that list.
What we want to see now is the price holding above the $25.40 level and we are already up to $28.63 in the PM now.
A reversal signal here will be breaking out of the yellow channel that we have been following since Feb, so very little has changed for us here.
RSI is also starting to round out just above 30, so if the market bounces here, we could see a very nice recovery from $HIMS.
James
2025-04-08 11:39:04 +0000 UTCGareth Neary
2025-04-08 10:17:24 +0000 UTCJames
2025-04-08 10:08:40 +0000 UTCTommyJR
2025-04-08 09:52:13 +0000 UTC