Good evening traders. Waiting on 1st reactionary zone to be tested at the $5.55'ish area based off the weekly chart. After a long bullish move up for several weeks, this is considerably a healthy pullback.
On the monthly time frame, however, there is an OB VOID taking HIMS all the way back down to the mid $4's. Considering DJI and SPX have now turned into huge sellers, HIMS has held rather nicely on numerous occasions. Only time will tell.
Overall, waiting to average down if and when the market reaches mid 4's. Other than that, enjoy the rest of your weekend everyone and remember. Happy Trading!!!
On the monthly time frame, however, there is an OB VOID taking HIMS all the way back down to the mid $4's. Considering DJI and SPX have now turned into huge sellers, HIMS has held rather nicely on numerous occasions. Only time will tell.
Overall, waiting to average down if and when the market reaches mid 4's. Other than that, enjoy the rest of your weekend everyone and remember. Happy Trading!!!
Comment:
Just BEAUTIFUL market structure. In this for the long run, the future is erect with HIMS & HERS stock.!