$HIMS finished strong on Friday with a +9% gain to close the day and importantly formed an ascending triangle now, with the price testing the top line now at $45.75 in the PM.
A break above this level and we have the larger 0.38 Fib at $46.20, a break and hold above this level is a very positive move we could see today and this further confirms the trend to the upside with our initial target to the amber fib range between $55 - $59.
Again, we added between $36 - $37 because we felt it was the sweet spot for a bounce regardless of what count it is in and so far this has benefitted us greatly, so let's continue to keep with the plan here.