Ok we are starting to see movement now, price negotiated on the $12.93 level all week on the 0.5 Fib and has now broken above the 50 MA on the 1hr chart at $13.05, we are also seeing this on the $HIMS chart too.
Staying above this level now and we could see a return to the wedge top line next at $15 for another test of the breakout level.
For me, sellers are starting to look exhausted here and the wedge has not looked like losing the price action all year.
Let the price action do its job now, we'll sit here and observe.
Jack Man
2025-03-23 21:26:48 +0000 UTCJack Man
2025-03-23 21:26:27 +0000 UTCJack Man
2025-03-23 21:25:48 +0000 UTCJulien
2025-03-22 11:27:31 +0000 UTCSid
2025-03-21 18:35:58 +0000 UTCNava Investing
2025-03-21 18:14:22 +0000 UTC