HIMS & HERS on FIRE! Technical Analysis
Good afternoon Investors,
HIMS is extremely strong today. This comes after retesting reactionary zone 1 (previous high) of $7.16, and for 2 weeks now it has been climbing. I still think we have more upside movement left before another move down but only time will tell. Right now, I am projecting hitting $9.00 if not pretty darn close to it at least.
I hope you all enjoyed my video and don't forget to follow for more upcoming new videos. Happy Trading !!!
HIMS is extremely strong today. This comes after retesting reactionary zone 1 (previous high) of $7.16, and for 2 weeks now it has been climbing. I still think we have more upside movement left before another move down but only time will tell. Right now, I am projecting hitting $9.00 if not pretty darn close to it at least.
I hope you all enjoyed my video and don't forget to follow for more upcoming new videos. Happy Trading !!!
Trade active:
Good morning investors!
As expected, a NEW HIGHER HIGH has been established (That was pretty quick) I knew it had 1 more push up, we finally got it, now, I expect a slowdown. Expecting market to pull back, consolidate and create a new Higher low. There is a FVG (Fair Value Gap) that can potentially be cleared before making our next move up.
FYI, This is ALL technical analysis, nothing here relates to fundamentals so do your own research on that. Honestly, I am not worried at all. Expecting my next target to be in the $13's.
Happy Trading everyone!
As expected, a NEW HIGHER HIGH has been established (That was pretty quick) I knew it had 1 more push up, we finally got it, now, I expect a slowdown. Expecting market to pull back, consolidate and create a new Higher low. There is a FVG (Fair Value Gap) that can potentially be cleared before making our next move up.
FYI, This is ALL technical analysis, nothing here relates to fundamentals so do your own research on that. Honestly, I am not worried at all. Expecting my next target to be in the $13's.
Happy Trading everyone!
Trade active:
Good afternoon Investors!
Retracement levels have been updated. After we get our 1st weekly candle, at that point I expect a potential move back down to previous resistance which is now support. I do not see this going back down to the $4's to close the gap on the daily time frame (at least not anytime soon).
I expect new highs $13.00 coming soon, after a potential pullback. That is it for today. Enjoy the rest of your day and HAPPY TRADING !
Retracement levels have been updated. After we get our 1st weekly candle, at that point I expect a potential move back down to previous resistance which is now support. I do not see this going back down to the $4's to close the gap on the daily time frame (at least not anytime soon).
I expect new highs $13.00 coming soon, after a potential pullback. That is it for today. Enjoy the rest of your day and HAPPY TRADING !