The GLP1 breakout happened in the 12.60-13 area, all the news that moves HIMS is mostly GLP1 related. It would make sense for this area to be tested. With all that said, i'm still long, and will be very happy if this handle formation breaks to the upside and HIMS begins to take out these red horizontals. IF the green horizontals get tested i will wait for support to be found and treat it as a buying opportunity.
Note
breakout like a beast 
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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.