Another Buying Opportunity on $HIMS! 60% Upside

11 Dis

HIMS 💊

We are only half way through the week and this is me telling you that THIS IS ANOTHER BUYING OPPORTUNITY!

I said the same thing when we had the Short Attack and flush to $19.

What you don't realize is that the Wr% at the top of the chart ran up into the barrier of the Williams Consolidation Box and now needs to create it's support and bounce in order to form the BOX. I still believe that's $30 (meaning we wick back above it before weeks end). Whether we do or don't doesn't really matter in the longer term (weeks/months).

The downside on the Wr% is limited as well due to the rising trendline (Arrow) we are on since September. If we fall to that I strongly believe we get a bounce off of it, thus creating the box there or where we currently are at.

The reason this is a buying opportunity and shouldn't matter to the majority of you is because IMO it will be at $40+ before EOY! Do what you want but I'm cashing in on my Covered Call Premium and Buying more!

Not Financial Advice.