\HIMS is currently showing signs of a potential bearish ABCD pattern forming, with the recent rejection at point A and retracement towards B, holding around the 1.617 Fibonacci extension level. A possible short-term bounce may occur toward point C (0.618 retracement), before continuing downward.
📉 Bearish Scenario:
If C confirms as a lower high, a drop toward the FVG GAP zone between $31.85 and $27.94 becomes highly probable, aligning with the 1.618–1.886 Fib extension.
The volume profile indicates a low-volume node (LVN) around the FVG, making it an attractive magnet for price.
🔍 Key Levels:
Resistance Zone (Red Box): $66–$74 (previous supply and high-volume node)
Support/FVG Target: $31.85 (1.618 ext) / $27.94 (1.886 ext)
POC above: $56.02 – potential pivot level if bulls regain control
⚠️ Watch for:
Reaction at $49.50–$50.00 resistance (0.618 retrace zone)
Volume confirmation on breakdown toward FVG zone
📉 Bearish Scenario:
If C confirms as a lower high, a drop toward the FVG GAP zone between $31.85 and $27.94 becomes highly probable, aligning with the 1.618–1.886 Fib extension.
The volume profile indicates a low-volume node (LVN) around the FVG, making it an attractive magnet for price.
🔍 Key Levels:
Resistance Zone (Red Box): $66–$74 (previous supply and high-volume node)
Support/FVG Target: $31.85 (1.618 ext) / $27.94 (1.886 ext)
POC above: $56.02 – potential pivot level if bulls regain control
⚠️ Watch for:
Reaction at $49.50–$50.00 resistance (0.618 retrace zone)
Volume confirmation on breakdown toward FVG zone
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.