HIMS trade ideas
Hims set to correctHims is pulling yet another amazing short squeeze. The stock has become my largest position by far since I got in back around 7$. These supply and demand zones have been drawn for a while. Note the amazing consolidation and push from the green demand box. 73$ would be double top mode. While I love the fundamentals I am not sure if the stock sis worth 70$ until we see next earnings which shouldn't be amazing because of their stated margin decreases, the market will panic like it always does. I would LOVE a retest of 35$, but 45$ is more likely.
HIMS – Pullback Opportunity After Massive RunHIMS has been one of the hottest stocks in the market recently, with a massive run fueled by strong earnings. But now we’re seeing the first meaningful pullback — and this could be a golden opportunity:
🔹 Earnings Gap Reversal (Bullish Signal)
Despite an earnings gap down, buyers stepped in aggressively, pushing the stock higher.
This is a classic earnings gap down reversal — a strong sign of demand.
🔹 First Pullback Opportunity
Historically, the first pullback after a major run tends to get bought.
I’m watching two key levels for a potential buy:
The shaded zone between the 9 EMA and 20 EMA (dynamic support).
The 0.38 - 0.50 Fibonacci retracement for added confirmation.
🔹 My Trading Plan:
1️⃣ Initial Entry: Starter position in the shaded EMA zone (9 EMA - 20 EMA).
2️⃣ Confirmation Add: If price bounces off the Fib zone (0.38 - 0.50) with strength.
3️⃣ Stop Loss: Below the 20 EMA for any initial position — keeping risk tight.
🔹 Why This Setup is Compelling:
Strong run + earnings reversal shows real buyer interest.
First pullback after a big run is typically a strong buying opportunity.
The dual confluence of EMAs + Fibonacci enhances this setup.
⚠️ Risk Management: Tight stop below 20 EMA — always control risk.
HIMS: More Upside IMO but let's Review All ScenariosBullish Scenario
If HIMS continues higher, we may see a shallow pullback first, possibly around 46.75, which lines up with one of my key levels and the uptrend line drawn from late April.
A slightly deeper dip into the 10EMA would also be a healthy reset.
From there, a move back through last week’s high and a continuation up along the uptrend line would confirm strength and keep this breakout intact.
If momentum holds, I’m watching for a move toward 65, which sits just below the all-time high. This area could act as resistance, gearing up to establish a new ATH.
If we get a new ATH, I’d could see the momentum gain to the upside from the excitement, then an immediate period of digestion, either sideways or a decline as buyers take profits.
Neutral Scenario
A sideways range around the current zone would be healthy digestion after the recent run.
This could look like price holding between the retest levels (roughly 52–56), bouncing in a tight range as momentum resets.
In this case, I’d watch for signs of strength on dips and whether volume dries up during consolidation.
Bearish Scenario
If HIMS breaks below 46.75, it could open the door for more downside, especially if sellers step in and follow through.
That level is still above the EMAs, so the structure wouldn’t shift significantly unless price dips below the 10EMA and 20EMA.
If that happens, I’d watch the 38 zone as the next key support, a previous base where price could stabilize or build a new setup. Below that, it could decline further around 33, where the first uptrend line and gap up was established (which also lines up with the 50SMA).
HIMS – Bullish Breakout Above Ichimoku CloudHIMS has broken above the Ichimoku cloud with strong volume, signaling bullish continuation. Key resistance lies ahead at $67–$73. A daily close above this zone could trigger a major upside move. Watching closely for follow-through and retest setups.
I’m entering at the current price ($52.35) with the following setup:
Entry: $52.35
Stop Loss: $48
Target: $66
Risk–Reward: ~1:3.4
NYSE:HIMS
Looking for continuation toward the resistance zone near $66. Will watch for volume confirmation and price holding above the cloud.
#HIMS #IchimokuBreakout #SwingTrade #TechnicalAnalysis #MomentumPlay
HIMS - Upside going on for a long-term NYSE:HIMS looking at a continued bullish uptrend after the stock has rebounded at 25.06 major resistance turned support. Furthermore, Long-term MACD is looking at renewed bullish momentum after histogram just turned positive. Next, Stochastic is showing clear oversold signal and high volume is back in action.
We believe that the stock may edge higher towards 64.04. We believe that clear stronger support is at 40.75 and 39.65. Major target is at 95.68 and 146.82
Short Trade Setup – HIMS!📉
🔹 Asset: Hims & Hers Health, Inc. (NYSE: HIMS)
🔹 Timeframe: 30-Minute Chart
🔹 Setup Type: Rising Wedge Breakdown
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $49.49 (Breakdown confirmation)
✅ Stop-Loss (SL): Above $54.16 (Invalidation / top of wedge)
🎯 Take Profit Targets:
📌 TP1: $44.21 – Minor support
📌 TP2: $38.43 – Measured move target
📊 Risk-Reward Calculation
📉 Risk: $54.16 - $49.49 = $4.67
📈 Reward to TP1: $49.49 - $44.21 = $5.28 → 1:1.1 R/R
📈 Reward to TP2: $49.49 - $38.43 = $11.06 → 1:2.37 R/R ✅
🔍 Technical Highlights:
📌 Clean rising wedge pattern
📌 Bearish rejection from yellow zone
📌 Breakdown with retest at trendline
📌 Price struggling to stay above breakout highs
📉 Execution Strategy:
📊 Wait for solid breakdown candle below $49.49
📉 Move stop to breakeven after TP1
💰 Book partial profits at TP1, let rest run to TP2
🚨 Invalidation Risk:
❌ Exit if price pushes above $54.16
❌ Confirm breakdown with volume for clean entry
🚀 Final Take
✔ Rising wedge breakdown confirmed
✔ Bearish setup with good R:R
✔ Trade smart, manage risk — and execute with discipline
$HIMS is HIMS! 80% Upside AheadNYSE:HIMS is HIMS! 80% Upside Ahead
Demolished earnings and I have this name at a fair value of $76 per share based on HIMS 2030 $6.5B Rev. Guidance.
Also, H5_L Indicator is about to cross bullish while the Wr% is rising and swinging from green to red!
Profit Targets:
- $50
- $60
- ATHs!
Before EOY!
Not financial Advice
45$I know they have some issues with the glp1 one stuff but revenues are strong and this won't matter long term I think everyone knows that. They'll beat earnings next week and we're headed to 35 range I grabbed a bunch of cheap 45 7/18 calls along with some 40 41s. 31% short Interest right now I'm sure we can get a run up to that 35 before earnings. expect volatility both ways. Today had a premature break out ran 7% and came all the way back to negative to retest, falling below trendline will likely invalidate.
Selling Options On Hims & Hers Could Yield 20% Or MoreAfter recommending Hims & Hers NYSE:HIMS as a 'Strong Buy' from $6, we recently downgraded it due to its stretched valuation. Since then, the stock has dropped over 40%, but we don't yet see it as a clear value proposition at current levels.
HIMS combines two critical elements:
- High lifetime customer value with low churn
- High gross margins (customers generate substantial gross profit)
This combination gives management strategic flexibility with cash deployment. The sticky business model makes sense: customers treating conditions like hair loss or weight management have little incentive to switch providers.
Recent financial results have been impressive:
- Robust YoY revenue growth (~50% expected this year, ~20% for following years)
- EPS turning positive with significant operating leverage
- Potential to reach ~$400M in operating income in the near future
At ~$27.50 per share, HIMS trades at:
- 4.1x sales
- 52x TTM net income
While our bullish projections suggest this multiple could compress to 18-20x within 12-18 months, we'd prefer entry at $18-$20 per share.
Given our outlook, selling put options presents an attractive alternative: Selling the August 15th $18 strike puts:
- Premium: $1.30 per share ($130 per contract)
- Required margin: ~$1,670 per contract
- Yield: 7.7% over 112 days (27.7% annualized)
This strategy offers two favorable outcomes:
If HIMS stays above $18: Keep the premium (27.7% annualized yield)
If HIMS falls below $18: Buy shares at an effective 35% discount from current price (plus premium)
At $18 per share, HIMS would trade at ~36x TTM earnings - a much more attractive entry point.
Risks:
- If HIMS collapses suddenly, put sellers must still purchase at $18
- HIMS remains highly volatile
- Two potential earnings reports during the option period could increase volatility
- Stock could potentially trade into the lower teens
Despite these risks, the risk/reward ratio appears favorable, and we maintain a 'Buy' rating on HIMS.
HIMS: how I charted this + bullish/bearish/neutral scenarios! Bullish
A break and hold above the 20EMA would shift momentum back to the upside.
Initial resistance would be around 30, where previous price congestion sits.
If buyers can push through, next target would be around 35–36, near the declining 50SMA.
There is a short-term intraday trendline forming on the hourly chart that could act as a support guide if the stock starts climbing.
Bearish
A rejection from the downtrend line or failure to hold above the 20EMA could lead to a move lower.
Breaking below the 24–25 support area would be a key bearish trigger.
If that level fails, the next major downside target would be near 19.5.
Neutral
Continued sideways chop around the moving averages.
Quantum's HIMS Trading Guide 4/10/25 HIMS (Hims & Hers Health, Inc.) - Sector: Healthcare (Telehealth)
Sentiment: Bullish. Post-close call volume steady, RSI ~58 (up from ~55), Amplified GLP-1 demand—speculation persists despite tariff noise.
Tariff Impact: Minimal. Domestic focus shields HIMS; 104% China tariffs irrelevant unless generics supply tightens.
News/Catalysts:
Current: tariff pause softens market fear.
Upcoming: Retail Sales (April 15)—strong data could lift +5%; Fed rate outlook (May 2025)—cut signals might push +7%.
Technical Setup:
--Weekly Chart:
---HVN $30 (resistance), support ~$25.45.
---Uptrend (8-week EMA > 13-week > 48-week).
---RSI ~58, MACD above signal,
---Bollinger Bands upper band,
---Donchian Channels above midline,
---Williams %R -25.
--One-Hour Chart:
---Support $28.50, resistance $29.50.
---RSI ~60,
---MACD above signal,
---Bollinger Bands upper band,
---Donchian Channels above midline,
---Williams %R -20.
--10-Minute Chart:
---8/13/48 EMAs up,
---RSI ~62,
---MACD rising.
Options Data:
--GEX: Bullish—pinning near $29.
--DEX: Bullish—call delta dominates.
--IV: High—~50–55% vs. norm 45–50%.
--OI: Call-heavy—above $29.
Timeframe Analysis:
---Weekly: OI call-heavy (70% calls at $30), IV high (55%)—bullish, speculative push.
---Monthly: OI call-leaning (65% calls at $30–$32), IV moderate (50%)—bullish trend.
---3-Month: OI call-heavy (75% calls at $32), IV moderate (45%)—bullish long-term.
Directional Bias:
---Bullish. GEX/DEX and call OI signal strong upside; high IV fuels volatility—intraday breakout potential.
Sympathy Plays:
---TDOC rises with HIMS; AMWL gains with HIMS.
---Opposite: HIMS rallies → WMT fades.
Sector Positioning with RRG: Leading Quadrant (Healthcare vs. XLV)—growth persists.
Targets: Bullish +6% ($30.77); Bearish -3% ($28.16).
HIMS – 30-Min Long Setup!📈
🔹 Ticker: HIMS (NYSE)
🔹 Timeframe: 30-Min
🔹 Setup Type: Falling Trendline Break + Support Bounce
🔸 Price at Breakout: ~$29.55
📊 Trade Plan (Long Position)
✅ Entry Zone: $29.50–$30.00 (breakout above yellow zone + trendline break)
✅ Stop Loss (SL): Below $28.50 (white support line & structure low)
✅ Take Profit Targets:
📌 TP1: $30.84 (red line – supply zone / resistance)
📌 TP2: $32.64 (green line – previous high / major resistance)
📐 Risk-Reward Calculation
📉 Risk per Share:
$29.55 - $28.50 = $1.05
📈 Reward to TP1:
$30.84 - $29.55 = $1.29 → 1.22:1 R/R
📈 Reward to TP2:
$32.64 - $29.55 = $3.09 → 2.94:1 R/R
📊 Technical Confluence
📌 Falling Trendline Break: Clean break of bearish structure (pink line)
📌 Support Bounce: Solid bounce from yellow demand zone
📌 Volume Consideration: Look for rising volume on breakout
📌 Retest Reaction: Entry confirmation if price holds above yellow zone
⚙️ Execution & Trade Management
🔄 After TP1 Hit:
— Move SL to breakeven
— Book 50% profits
🚀 Let the rest ride to TP2
📉 Trail SL below higher lows as price moves
⚠️ Invalidation Criteria
❌ Close below $28.50
❌ Breakout fails with weak momentum or volume
❌ Fakeout candle closes back inside the trendline
🦅 Final Thoughts
✔ Clean reversal pattern forming
✔ Trendline break with structure support = high-probability setup
✔ Favorable R/R and manageable risk
Hims buying opportunity comingPrice action looks like it wants to test support levels much lower than this. Around $32-$28 would be a good area to add if you're looking to get more into hims stock. I have a pretty large position and would only be interested if we get the the lower green support levels. If not, let it ride.