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.
Gareth Neary
2025-03-05 13:59:37 +0000 UTCA P
2025-03-05 13:56:49 +0000 UTC