I wanted to reassure members on Friday when we got a very close test of the $25.41 level to finish the day, that it was simply a run to this level and not a rejection or resistance, to make sure people did not sell at the close on Friday
Hopefully this helped many because the price is up +5% now in PM and bursting through the $25.41 level $26.55
This is an excellent start and a very strong statement from the Bulls
$HIMS will likely show some volatility at the opening, so no reaction to the games, for the last 2 months they have tried to take your shares with volatility and all we did was take advantage, this truly has been a very rewarding lesson and gainer for us.
I would like to see a retest of $25.41 and holding, this is really all I need to see, if the price wants to continue higher to the smaller green 1.618 Fib at $28.58 then I believe the bulls have it and we are in the Bull Case....but all I want to see is the bulls defending the $25.41 line for me....and I may even add again
Gareth Neary
2024-11-25 14:03:58 +0000 UTCLP52
2024-11-25 13:40:38 +0000 UTC