Hims demand zone leading into earnings
Hims is a position that has a lot of controversy but I am bullish. Lots of volatility rewards the patient. I have added a daily demand zone as we approach earnings and the conclusion of the election. We have already seen a very strong bounce from the buy zone and I have played my cards accordingly. I love seeing the stochastic RSI this low leading into earnings. Note the rising average volume as well.
My plan:
I have spot shares I plan to hold long term
During the 15% drawdown last week I sold CSP for 11/8 expiration that were aggressive, I will close these at 90% profit
Any time we approach 18$ I will sell aggressive CSP
My plan:
I have spot shares I plan to hold long term
During the 15% drawdown last week I sold CSP for 11/8 expiration that were aggressive, I will close these at 90% profit
Any time we approach 18$ I will sell aggressive CSP
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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.
Disclaimer
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.