HIMS 8/17 - THE STOCK GAUNTLET CONTINUES! HIMS & HERS ⚔️🛡️ THE STOCK GAUNTLET CONTINUES!
STOCK/ TRADE SETUP UPDATE: 8/17
8⃣ HIMS - HIMS & HERS
Video Analysis below:
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NYSE:HIMS
NYSE:HIMS
HIMS
HIMS 8/17 - THE STOCK GAUNTLET CONTINUES! HIMS & HERS ⚔️🛡️ THE STOCK GAUNTLET CONTINUES!
STOCK/ TRADE SETUP UPDATE: 8/17
8⃣ HIMS - HIMS & HERS
Video Analysis below:
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Hit the🔔as well to be notified when each video drops
NFA #TradingTips #HIGHFIVESETUP
NYSE:HIMS
NYSE:HIMS
$HIMS : YOU DON'T OWN ENOUGH OF THIS NAME HEADING INTO EARNINGS!NYSE:HIMS WHY YOU SHOULD BUY BEFORE EARNINGS.
In this video, we talk about:
1.) Why the stock is crashing
2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY.
3.) My earnings prediction & fair value
Thanks for watching! I know it was a longer video, but I always want to be thorough.
Comment below if you like this type of content or if your not a fan of videos and rather have posts.
NASDAQ:SOFI REPEAT INBOUND!
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#BuyingOpportunity #BuyTheDip
$HIMS THE NEXT EXPLOSIVE RETAIL STOCK! NYSE:HIMS THE NEXT EXPLOSIVE RETAIL STOCK!
3 Reasons Why in this Video: 📹
1⃣ My "High Five Trade Setup" strategy
2⃣ Massive Cup N Handle Pattern, 88%+ measured move.
3⃣ Review my "HOMEMADE" Valuation Metric for NYSE:HIMS , showing us a fair value of $35!
Video analysis 1/5 dropping today. Stay tuned!🔔
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$HIMS IS HIM! BRING ON EARNINGS MONDAY! BULL FLAG SUCCESSFUL RETEST ON NYSE:HIMS
We are heading into earnings Monday morning, I'm confident!
My "HIGH FIVE SETUP" is pointing to $25+ while...
My "Valuation Analyzer" is pointing to $35 Fair Value.
Been on a heater; lets see if we stay hot!
A full, in-depth video from October 30th discusses this setup, technicals, fundamentals, and valuation, which are linked to this idea. Enjoy!
What is your HIMS price prediction after earnings?
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$HIMS | Allocation | Market Exec |Technical Confluences:
- Price action is near the 50% Fibo retracement area
- Price action have bounced off the 200 MA (Red) and has a valid Resistance Trendline with an Interest Zone nearby
- Stochastics is inn Oversold conditions in the Daily & Weekly timeframes
- Elliot Wave 4 seems to be completing at the 50% Fibo line and aim for the 100% Fibo Extension line @ 29.51
Fundamental Confluences:
- Telemedicine with US being a focus market is great as healthcare issues seems to be increasing; demographics start to shift right
- The main health markets that they target are issues that many in the society prefer to remain anonymous about and telemedicine solves that for them
- One negative would be the high expenses they are spending on A&P budgets, a drag but overtime, we can see the impact of what they have been pushing all these while
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Putting NYSE:HIMS as part of my medical/health category of my portfolio.
Will start my first allocation now and look at adding more into it if price moves into 50% - 61% Fibo range (Interest Zone).
Remember, DYOR.
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If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
HIMS EARNINGS CHART, DO BULLS HAVE ANY UPSIDE REMAINING? Short answer, yep.
LOTS.
Longer answer, this is a key price zone.
Take a look back at the chart as a whole.
It almost looks like it wants to hit 12.5 tomorrow and GAP up earnings.
Hard to say for sure because it's not a stock I watch often.
BUT, it's flashing some bullish signals.
Good luck!
HIMS - June 24 Qullamaggie Breakout and Episodic PivotI believe the inclusion of the compounded GLP-1 drug as part of their product offerings will driving strong sales and membership numbers in the next few months.
1) Their compounded GLP-1 is significantly cheaper
2) Their platform makes it easier and more accessible to purchase
3) It is lifestyle related so monthly recurring purchases is encouraged
4) HIMS is essentially a DTC business where capturing market share is crucial at this stage. In 2021 it was reported that they spend 48% of their revenue on marketing.
As long as they can secure recurring purchases with a solid Average Order Value (AOV), they can gradually reduce and optimise expenses for new acquisitions once they have captured a significant market share. Not to mention the cross sell potential and the lower advertising costs for existing customers
This is part of a Qullamaggie Breakout and Episodic Pivot study I am currently conducting
Source
@moizali - x.com
www.triplewhale.com
Shares of Hims & Hers Health ($HIMS) Stock Surge 30% Digital pharmacy startup Hims & Hers Health ( NYSE:HIMS ) is introducing compounded GLP-1 weight loss injections, which have been gaining popularity due to supply constraints in the market. The company, which offers a range of direct-to-consumer treatments for conditions like erectile dysfunction and hair loss, launched a weight loss program in December but did not include GLP-1 medications such as Ozempic and Wegovy. Customers can access the compounded GLP-1 medications via a prescription from a licensed healthcare provider on the Hims & Hers platform.
Hims & Hers ( NYSE:HIMS ) CEO Andrew Dudum said that the company is "confident" that customers will be able to access a consistent supply of the compounded medications. The company's oral medication kits start at $79 a month, and its compounded GLP-1 injections will start at $199 a month. The company expects its weight loss program to bring in more than $100 million in revenue by the end of 2025.
The GLP-1 market, dominated by pharmaceutical giant Novo Nordisk, has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity. The FDA does not review the safety and efficacy of compounded products, which are custom-made alternatives to brand drugs designed to meet a specific patient's needs. In a January release, the FDA said patients should not use a compounded GLP-1 drug if an approved drug, such as Wegovy, is available.
Hims & Hers ( NYSE:HIMS ) Health's stock price is doing well, thanks to its strong growth and demand for its core products. It has surged by over 30% this year and by more than 112% this year, giving it a market cap of $3.13 billion.
Hims & Hers Health's ( NYSE:HIMS ) business released data this month showing that its total revenue soared by 46% in Q1 to over $278 million, and its subscribers roared by 41% to 1.7 million. This performance makes it one of the fastest-growing companies in the US.
Hims & Hers ( NYSE:HIMS ) expects revenue growth between $292 million and $297 million in Q2 while the adjusted EBITDA will be between $30 and $30 million. The company focuses on some of the biggest industries globally, including sex, anxiety, weight loss, hair, and skin, each of which has a total addressable market worth billions of dollars. Analysts believe that NYSE:HIMS revenue will jump to over $1.2 billion this year followed by $1.5 billion in 2025, which could help justify its hefty valuation.
HIMS a gender focused health care company LONGHIMS had an excellent earnings report for a small cap company; it is consumer driven quality
focused and helps the customer feel good about him/her- self. It does not have any gender
orientation agenda nor any obvious political inclinations. On the 120 minute chart, it started
a moving averge convergence about a week before earnings. The Greeny TTM squeeze indicator
did its thing as the post-earnings action began. I see this stock as a good long to hold into
the next earnings and perhaps through it. HIMS is now at its all time high. There is no chart
horizontal resistance overhead and traders will note that. I see the bullish momentum
continuing perhaps with some healthy ( no pun intended) corrections while underway.
Healthcare is considered to be a hot sector for 2024 this small cap seems to be warmed up.
HIMS Hims & Hers Health Options Ahead of EarningsAnalyzing the options chain and the chart patterns of HIMS Hims & Hers Health prior to the earnings report this week,
I would consider purchasing the 9usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $1.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Short Trade in HIMSThis is a potential short trade that could deliver a nice gain if the market pulls back. I am still focused on buying opportunities, but it never hurts to be prepared for the other side.
Some of you may remember this as a stock I was looking to buy a couple months ago.
Often times, the best short ideas come from stocks on my long watchlist that fail.
HIMS tripled from October to April but began rolling over after a poor earnings report at the beginning of May.
Not only did the stock fall on above-average volume, but even a 33% discount has failed to attract buyers. When stocks pull back, they either act as tennis balls (bounce back quickly) or eggs (splat and fail to rally).
Buy tennis balls. Sell eggs.
HIMS has formed a support shelf near the $8 level. A move below that would trigger a lot of stops, making it an ideal place to sell the stock short.
Breakout Trade in HIMSHIMS is another high growth name. Sales have nearly doubled in each of the last four quarters and losses are steadily declining.
HIMS stock got overcooked after rising 195% between October and May, triggering a 30% retracement.
This stock also has an “undercut & rally” setup forming. Note the dashed line on the chart above. This was a significant area of resistance previously, so the move below this level last month likely took out a lot of investors.
Shares have consolidated in a tight range on low volume for the last two weeks. This is likely support buying as longer-term investors build or add to their positions.
I want to see a move above the support/resistance line at 9.50. A move above that price would be my buy trigger. My stop loss would be at 8.70 to risk 8% on the trade.
Long Trade in HIMSHIMS has been a market-leading stock for several months. It has tripled since October and is now consolidating at all-time highs before its earnings announcement.
The company is scheduled to report after market close on Monday, 5/9.
If I were a gambler, my bet would be that they beat and surge higher. Personally, I’m not willing to risk it which is why I recently covered my position in HIMS for a quick profit.
But if Monday’s numbers are good, I will consider buying back in on Tuesday morning.
Long Trade in HIMSHIMS is an exciting new company taking the awkward discomfort out of sensitive medical issues for men and women.
They have two sites – Hims and Hers.
The sites are catered to each gender and offer hair loss medications, prescription skin cream, anxiety drugs, and sexual dysfunction treatments via quick, online doctor visits. The company then ships the drugs or product directly to the customer’s home.
The company went public three years ago, and it has been a roller coaster ride for investors.
Shares have been as high as HKEX:25 and as low as HKEX:3 , all in just the last couple years.
But the stock is showing signs of a new breakout higher.
The 10, 21, and 50-day moving averages are stacked tightly below the stock to form a launchpad setup. We have also seen price consolidate nicely over the last six weeks as investors digest the blowout earnings numbers.
I bought some on Thursday near HKEX:10 per share and we issued this as a new trade idea on Friday, 4/14 just before the breakout. So far it is playing out well with a clean move on high volume.
The stock needs to stay above $9.35, or I will consider getting out.
HIMS & HERS on FIRE! Technical AnalysisGood afternoon Investors,
HIMS is extremely strong today. This comes after retesting reactionary zone 1 (previous high) of $7.16, and for 2 weeks now it has been climbing. I still think we have more upside movement left before another move down but only time will tell. Right now, I am projecting hitting $9.00 if not pretty darn close to it at least.
I hope you all enjoyed my video and don't forget to follow for more upcoming new videos. Happy Trading !!!
HIMS & HERS Weekly ProjectionGood evening traders. Waiting on 1st reactionary zone to be tested at the $5.55'ish area based off the weekly chart. After a long bullish move up for several weeks, this is considerably a healthy pullback.
On the monthly time frame, however, there is an OB VOID taking HIMS all the way back down to the mid $4's. Considering DJI and SPX have now turned into huge sellers, HIMS has held rather nicely on numerous occasions. Only time will tell.
Overall, waiting to average down if and when the market reaches mid 4's. Other than that, enjoy the rest of your weekend everyone and remember. Happy Trading!!!
HIMS.... Heaven or Hell ???Good morning traders. We are at a crucial point here on HIMS where we can see we drop range, drop again and it seems never ending. Well, even though we have been green for the last couple of days, I see another push down and will remain ranging into that area until we get a breakout.
I personally believe these are super cheap prices for HIMS, noting that they continue to crush earnings. As long as the company continues to perform how it has been since it came public we should see a major shift shortly. I have been averaging down and will continue to do so. Hope this helps and don't forget, happy trading...