Hims has finally changed trend to the upside. Expect a minor pullback at it retest the new support area. Overall the market shall reach the next major zone which is $15.00. HIMS moves VERY slow so expect this trade to be a long term trade; however, market structure shows HIMS ready for new highs. Eventually it will reach its 52 week high at $25.00. Hope this helps everyone, do not forget to follow and check out my other projections. Happy Trading !!!!
Trade active:
Trade is still active. Was consolidating insde a triangle until it opened pretty high on the 4th of November followed by a huge pullback. Once again, we are inside the triangle and support must hold in order to reach $15.00. Expecting positive earning report on the 13th of November 2021. HAPPY TRADING everyone !