HIMS strongly suggests the stock is currently in the final phase of a large decline before initiating a major upward move. According to Elliott Wave principles, the stock is completing a correction labeled as wave (4), which has formed a "Flat" pattern.
The final downward leg of this pattern, wave (C), is projected to conclude around the prior wave (A) low of $23.97, or potentially slightly below this level. Once the price reaches and holds support near the $24 area, the analysis anticipates the start of a new, highly significant bullish impulse wave (5), which is expected to drive the price to 57, 95, and 120+ levels.
Stay Tuned!
Money_Dictators
The final downward leg of this pattern, wave (C), is projected to conclude around the prior wave (A) low of $23.97, or potentially slightly below this level. Once the price reaches and holds support near the $24 area, the analysis anticipates the start of a new, highly significant bullish impulse wave (5), which is expected to drive the price to 57, 95, and 120+ levels.
Stay Tuned!
Money_Dictators
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Penafian
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To eliminate these delays and give priority access to serious traders, we’ve launched an exclusive Premium EDU + Wave Count Group.
💰 Annual Fee: $115
BUY NOW: t.me/moneydictators/148
Lifetime Free - t.me/moneydictators
💰 Annual Fee: $115
BUY NOW: t.me/moneydictators/148
Lifetime Free - t.me/moneydictators
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.