Hims (HIMS) Stock Chart Analysis: Observing a Cup and Handle
The HIMS stock chart displays a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target exceeding $24.
While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall market conditions.
It's also crucial to understand the limitations of technical analysis and avoid solely relying on it for investment decisions.
While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall market conditions.
It's also crucial to understand the limitations of technical analysis and avoid solely relying on it for investment decisions.
Comment:
One thing to note is the gap at $10 on the daily chart.
Trade active:
Target still in sight
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297