$HIMS
Added 2024-12-30 10:53:30 +0000 UTCThe market pull back on Friday was strong and halted $HIMS momentum, so we want to see Subwave 2 of this final Wave 5 completing next.
We can see that a retest of the 50 Day MA is likely next at $26.10, this is also in between the small green 0.618 - 0.78 Fib support levels, so this is where we need support to come.
Losing this level and the blue support line at $25.41 must do its job again.
No change to the structure or my thought process here, I have added significantly on this Wave 4 pull back and at the very least I would like to see a move back up to $35 again.
Losing the $25.41 level would certainly mean making a decision on whether to trim or not.
