$HIMS TRADE IDEANYSE:HIMS What do you think about this trade idea? This stock has respected this trendline for the past two years and has not broken below it even once during that time. That alone highlights how strong and reliable this level has been. Over the last 12 months, the stock has delivered an impressive run with solid growth, showing strong underlying momentum and sustained buyer interest.
Recently, price has pulled back toward this long-term trendline, giving what looks like a discounted entry compared to recent highs. From a risk-to-reward perspective, this area becomes especially interesting because the trendline provides a clear level to manage risk.
If this is one of your favorite stock, this is a level you should be paying close attention to over the next couple of weeks. As long as the price continues to respect this trendline, the structure remains intact and the setup stays attractive. A strong reaction from this level could lead to another leg higher, while a break would signal a change in trend worth reassessing.
