HIMS & HER 
HIMS is looking at a strong bullish continuation after the stock broke above both the symmetrical triangle and the bearish gap. Resistance at 67.57 has been tested multiple times and is likely to be weakened. Hence, they are likely to break higher.
Furthermore, the stock has shown strong momentum returning after long-term MACD histogram has turned positive and stochastic oscillator crossed above the 50-line and rose, indicating momentum in the mid-term is back in action.
Directional movement index continues to show strong bullish strength.
Strategy:
Buy spot @ 65.53 or buy stop above 67.57. Bull limit @ 49.32 in the event of a correction.
Target 1: 96.93 (1 month est)
Target 2: 110.88 (3-6 month est)
HIMS is looking at a strong bullish continuation after the stock broke above both the symmetrical triangle and the bearish gap. Resistance at 67.57 has been tested multiple times and is likely to be weakened. Hence, they are likely to break higher. Furthermore, the stock has shown strong momentum returning after long-term MACD histogram has turned positive and stochastic oscillator crossed above the 50-line and rose, indicating momentum in the mid-term is back in action.
Directional movement index continues to show strong bullish strength.
Strategy:
Buy spot @ 65.53 or buy stop above 67.57. Bull limit @ 49.32 in the event of a correction.
Target 1: 96.93 (1 month est)
Target 2: 110.88 (3-6 month est)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.