HIMS Short Trade Setup (30-Min Chart) !
📉 🚨🔥
🔍 **Stock:** HIMS (NYSE)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
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### **📍 Trade Plan:**
🔻 **Entry:** **$37.49** (Breakdown Confirmation)
✅ **Stop-Loss (SL):** **$40.10** (Above key resistance for risk control)
🎯 **Target 1:** **$35.31** (First Support Level)
🚀 **Target 2:** **$32.32** (Major Support Zone – Extended Downside Potential)
🔹 **Risk-Reward Ratio:** Favorable for shorting 📊
🔹 **Momentum:** Strong **rejection from resistance & rising wedge breakdown** 📉
🔹 **Pattern:** **Bearish Rising Wedge Breakdown**
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### **🔥 Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Ensure strong selling volume for sustained move.
📉 **Trailing Stop Strategy:** If price reaches **$35.31**, consider adjusting SL lower to secure profits.
💰 **Partial Profit Booking:** Take partial profits at **Target 1** and let the rest drop towards **Target 2**.
⚠️ **Watch for Fake Breakdowns:** If price reclaims $37.49, exit early to minimize losses.
---
### **🚀 Final Thoughts:**
✅ **Bearish Breakdown Confirmed** – High probability of downward continuation.
✅ **Strong Resistance at $40.10** – Ideal SL placement.
✅ **Breakdown Momentum** – Potential for a sharp decline.
**Trade Smart & Stick to Your Plan!** 🏆💰
Let me know if you need a more detailed breakdown! 🚀📉
#ShortTrade #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
🔍 **Stock:** HIMS (NYSE)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
---
### **📍 Trade Plan:**
🔻 **Entry:** **$37.49** (Breakdown Confirmation)
✅ **Stop-Loss (SL):** **$40.10** (Above key resistance for risk control)
🎯 **Target 1:** **$35.31** (First Support Level)
🚀 **Target 2:** **$32.32** (Major Support Zone – Extended Downside Potential)
🔹 **Risk-Reward Ratio:** Favorable for shorting 📊
🔹 **Momentum:** Strong **rejection from resistance & rising wedge breakdown** 📉
🔹 **Pattern:** **Bearish Rising Wedge Breakdown**
---
### **🔥 Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Ensure strong selling volume for sustained move.
📉 **Trailing Stop Strategy:** If price reaches **$35.31**, consider adjusting SL lower to secure profits.
💰 **Partial Profit Booking:** Take partial profits at **Target 1** and let the rest drop towards **Target 2**.
⚠️ **Watch for Fake Breakdowns:** If price reclaims $37.49, exit early to minimize losses.
---
### **🚀 Final Thoughts:**
✅ **Bearish Breakdown Confirmed** – High probability of downward continuation.
✅ **Strong Resistance at $40.10** – Ideal SL placement.
✅ **Breakdown Momentum** – Potential for a sharp decline.
**Trade Smart & Stick to Your Plan!** 🏆💰
Let me know if you need a more detailed breakdown! 🚀📉
#ShortTrade #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
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