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The Long Investor
The Long Investor

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$HIMS

$HIMS is showing a distinct curve as it searches to confirm its bottom now above the 0.618 Fib, this is a typical sign that sellers are starting to dry up as the price action reaches a standard support level.

I believe once the price action can consolidate nicely as shown along the bottom of this curve then the natural progression would be to the upside again.

$HIMS also had a very nice cup and handle formation in 2024 under the $25 level, and when it completed and broke out, it ran then to $72, so I would be happy to see this complete again.

$HIMS

Comments

That volume bar today was nuts

slappindabass


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