$HIMS is now below the 200 Day MA and the blue line in the PM after mass selling at the opening of the PM.
There is some recovery as we wait for the market to open but still a deep sea of red. Below the blue line and the 200 Day MA is weakness and rejecting under this level and the 0.78 Fib comes into play at $17.76, a spot nobody wanted to be in, Morgan Stanley alone reiterated their PT of $60 just last month
That being said, here is my plan:
I will double my position in $HIMS with a test and hold on the $17.76 level.
Bram Alleman
2025-04-07 21:18:08 +0000 UTCRaj
2025-04-07 16:48:50 +0000 UTCBK
2025-04-07 10:34:58 +0000 UTC