DoujinStars
The Long Investor
The Long Investor

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$HIMS

Bulls stepped in yesterday to save a higher low (just about) but also qualify as a double bottom now too.

Price was -10% at one stage and got as low at $36.81 and then recovered all losses and ran to $42.19

This was the one stock yesterday that was hitting my portfolio and to see it recover the way it did was very comforting, which is why I have a lot of confidence in this positions I hold.

$HIMS needs to get back above the 0.5 Fib at $43.20 and turn this level to support, this will then help the share price at the very least move up to the Wave B range for a test.

The market does look healthy in the PM now, so we need this strength sustained now and I think we can retake $43.

$HIMS

Comments

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Gareth Neary

any news or reason why it's dumping in pre-market? Almost in $37 range

A P


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