HIMS trade ideas
himm full correctionNow that I have 2,000 shares of hims this wide is pretty wild but my conviction remains high. First off, the market kept using net earnings to value the company, bad idea. Since hims spends so much on ads and stock based compensation you need to use operating cash flow. If you use this number the company is growing at multiples per year.
Next, the GLP story. First off hims was growing immensely without this sector, their weight loss program was growing steadily without GLP. Compounded GLP is the cherry on top, if they are allowed to keep making these it will be good for the company, but they do not need them to grow very quickly. Hims is currently in hair loss, skin care, anxiety, ED, and primary care (huge market). They are soon adding sleep, fertility, more diabetes, and cholesterol. With their recent acquisition to be able to do at home blood draws, the sky is the limit.
My plan:
My covered calls printed, and I bought commons and a LEAP call for 2027
Hims (HIMS) Stock Chart Analysis: Observing a Cup and HandleThe HIMS stock chart displays a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target exceeding $24.
While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall market conditions.
It's also crucial to understand the limitations of technical analysis and avoid solely relying on it for investment decisions.
HIMS, how we captured 225% Move and added multiple TOP upsHere is at the chart for HIMS Stock which we traded as part of my subscribers group. Stock idea was posted as buy and Investment idea total 3 times in last 3 months giving returns of 225%, 161% and 150% till date. There is one more leg possible and can do the 100 levels if the results are positive.
HIMS/USD โ 30-Min Long Trade Setup!๐ ๐
๐น Asset: HIMS/USD
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Pennant Breakout
๐ Trade Plan (Long Position):
โ
Entry Zone: Above 59.63 USD (Breakout Confirmation)
โ
Stop-Loss (SL): Below 55.00 USD (Breakout Invalidated)
๐ฏ Take Profit Targets:
๐ TP1: 66.72 USD (First Resistance Level)
๐ TP2: 75.55 USD (Extended Bullish Target)
๐ Risk-Reward Ratio Calculation:
๐ Risk (SL Distance): Below 55.00 USD
๐ Reward to TP1: 66.72 USD
๐ Reward to TP2: 75.55 USD
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: A strong push above 59.63 USD signals bullish momentum.
๐ Pattern Formation: Bullish Pennant Breakout, indicating potential upside continuation.
๐ Key Support & Resistance Levels:
๐ข 55.00 USD โ Strong Support / Stop-Loss Level
๐ก 59.63 USD โ Breakout Zone / Entry Level
๐ด 66.72 USD โ First Profit Target / Resistance
๐ข 75.55 USD โ Final Target for Momentum Extension
๐ Momentum Shift Expected:
๐ If price stays above 59.63 USD, it could rally towards 66.72 USD and 75.55 USD.
๐ A high-volume breakout would strengthen the trend continuation.
๐ฅ Trade Execution & Risk Management:
๐ Volume Confirmation: Ensure strong buying volume above 59.63 USD before entering.
๐ Trailing Stop Strategy: Move SL to entry (59.63 USD) after TP1 (66.72 USD) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 66.72 USD, let the rest run to 75.55 USD.
โ Adjust Stop-Loss to Break-even (59.63 USD) after TP1 is reached.
โ ๏ธ Fake Breakout Risk:
If price falls below 59.63 USD, wait for a retest before considering re-entry.
๐ Final Thoughts:
โ Bullish Setup โ Holding above 59.63 USD could lead to higher targets.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:1.13 to TP1, 1:2.46 to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐
๐ #StockTrading #HIMSUSD #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath
HIMS: Two situationsOn HIMS as you can see in the graph, we are faced with two situations.
It is at the opening of the market that we would know if we would have a continuation of the upward trend or if we would have a reversal of the trend.
So we would have:
1- a continuation of the upward trend when the resistance line will be broken forcefully by a large green candle and followed by a large green volume, you can at this time enter a buying position as soon as the second green candle appears accompanied by a green volume;
2- A reversal of the trend (bearish trend) when the support line will be broken forcefully by a large red candle and followed by a large red volume. Therefore you can enter a sell position as soon as the second red candle appears.
Furthermore, you must wait until all the analysis conditions are met before taking a position on the market.
Can we enhance the most popular Indicator on TradingView?I describe my implementation of the TTM Squeeze indicator, first coded by Lazybear and that became the most popular indicator on TradingView.
There's gotta be a reason for that to be the most popular, right? I wanted to find out and make it much easier to navigate as well as adding to it with my own touch.
Hope you enjoy it.
HIMS, can it finally do it?This has been a frustrating name to trade because everytime it gets some sort of negative news, but the technicals are here.
Broke out on the daily yesterday, I will be looking for an entry above yesterday's high, but my A+ setup would be a daily candle closing above $28.50
I'm $HIMS! 100%+ Since Callout in October!I'm $HIMS! 100%+ Since Callout in October!
Every single profit target has been demolished!
I've been calling out this phenomenal CupnHandle Breakout since October and we have now blew right through our Measure Move!
Patience is key! We held through all the short attacks and FUD!
MASSIVE LT Investment here and MASSIVE Trade gains!!!
Not financial advice
Trade Setup Breakdown for HIMS (30-Min Chart)!๐
๐น Stock: HIMS (NYSE)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Symmetrical Triangle Breakout
๐ Trade Plan:
โ
Entry Zone: $44.50 - $46.00 (Breakout Confirmation)
โ
Stop-Loss (SL): $41.07 (Below Key Support)
๐ฏ Take Profit Targets:
๐ TP1: $48.24 (First Resistance)
๐ TP2: $52.59 (Extended Target)
๐ Risk-Reward Ratio Calculation:
๐ Risk (Stop-Loss Distance):
$44.64 - $41.07 = $3.57
๐ Reward to TP1:
$48.24 - $44.64 = $3.60
๐ฐ Risk-Reward Ratio to TP1: 1:1.01
๐ Reward to TP2:
$52.59 - $44.64 = $7.95
๐ฐ Risk-Reward Ratio to TP2: 1:2.23
๐ Technical Analysis & Strategy:
๐ Breakout Confirmation: Price holding above $46.00 with strong volume.
๐ Pattern Formation: Symmetrical Triangle Breakout, signaling potential bullish momentum.
๐ Key Support & Resistance Levels:
๐ข $41.07 (Support / SL Level)
๐ข $44.50 - $46.00 (Breakout Zone)
๐ข $48.24 (First Profit Target / Resistance)
๐ข $52.59 (Final Target for Momentum Extension)
๐ Momentum Shift Expected:
If the price sustains above $46.00, we could see an upside rally towards $48.24 and $52.59.
๐ฅ Trade Execution & Risk Management:
๐ Volume Confirmation: Ensure strong buying volume above $46.00 before entering.
๐ Trailing Stop Strategy: If the price reaches TP1 ($48.24), move SL to $46.00 to protect profits.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% at $48.24, let the rest run to $52.59.
โ Adjust Stop-Loss to Break-even ($46.00) after TP1 is hit.
โ ๏ธ Fake Breakout Risk:
If the price fails to hold above $44.50, be cautious and avoid entering early.
๐ Final Thoughts:
โ Bullish Breakout Setup โ If price sustains above $46.00, a strong move is expected.
โ Momentum Shift Possible โ Volume increase will confirm the trend.
โ Favorable Risk-Reward Ratio โ 1:1.01 to TP1, 1:2.23 to TP2.
๐ก Stick to the trade plan, manage risk, and trade smart! ๐๐
๐ #StockMarket #HIMS #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #ProfittoPath
HIMS Short Trade Setup (30-Min Chart)!๐ป ๐
๐ Stock: HIMS (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bearish Breakdown
๐ Trade Plan:
โ
Entry Zone: Below $40.66 (Breakdown confirmation from ascending support)
๐ Take Profit 1 (TP1): $38.25 (First Key Support)
๐ Take Profit 2 (TP2): $34.70 (Extended Target if selling pressure continues)
๐ป Stop-Loss (SL): $42.88 (Above resistance to limit risk)
๐ Risk-Reward Ratio: Favorable for a bearish continuation ๐๐
๐น Technical Analysis & Setup:
โ
Pattern: Rising Wedge Breakdown ๐ โ ๐
โ
Resistance Zone: Strong seller presence around $40.66 - $42.88
โ
Breakdown Confirmation Needed: Price should drop below $40.66 with strong volume
โ
Momentum Shift Expected: Breakdown signals a potential downtrend
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Look for increased selling volume below $40.66 ๐
๐ Trailing Stop Strategy: Once price reaches TP1 ($38.25), adjust SL lower to secure profits
๐ฐ Partial Profit Booking: Take partial profits at $38.25 and let the rest ride toward $34.70+
โ ๏ธ Watch for Fake Breakdowns: If price rises back above $41.50, reconsider the setup
๐ Final Thoughts:
โ
Bearish Breakdown Expected โ High probability of continuation lower ๐
โ
Strong Resistance at $40.66 - $42.88 โ Ideal short entry for risk-reward optimization ๐ฐ
โ
Momentum Shift Possible โ A drop below $38.25 could accelerate downside move ๐
๐ Trade Smart & Stick to Your Plan! ๐๐ฅ
๐ #ShortTrade #StockTrading #HIMS #TechnicalAnalysis #DayTrading #MomentumTrading #BearishBreakdown #RiskReward #TradingPlan #ProfittoPath ๐๐
Hims local topHims just completed a 5th way as it bursted through the demand zone. I sold calls around these levels for a reason. I believe a huge dump is coming and that this was a short squeeze. I am VERY bullish on hims long term but this is textbook overheated. A 65% move in such a short amount of time is likely to produce from selling.
I'm $HIMS: Before & After All Time Highs!I'm NYSE:HIMS : Before & After
Imagine saying this pattern is forced and then watching it run for over 20% while engulfing the ATH candles!
Stop hating on other people's work!
Either be a student to those giving out free information, or don't say anything at all!
Not financial advice
HIMS Short Trade Setup (30-Min Chart) !๐ ๐จ๐ฅ
๐ **Stock:** HIMS (NYSE)
โณ **Timeframe:** 30-Min Chart
๐ **Setup Type:** Bearish Breakdown
---
### **๐ Trade Plan:**
๐ป **Entry:** **$37.49** (Breakdown Confirmation)
โ
**Stop-Loss (SL):** **$40.10** (Above key resistance for risk control)
๐ฏ **Target 1:** **$35.31** (First Support Level)
๐ **Target 2:** **$32.32** (Major Support Zone โ Extended Downside Potential)
๐น **Risk-Reward Ratio:** Favorable for shorting ๐
๐น **Momentum:** Strong **rejection from resistance & rising wedge breakdown** ๐
๐น **Pattern:** **Bearish Rising Wedge Breakdown**
---
### **๐ฅ Trade Strategy & Refinements:**
๐ **Volume Confirmation:** Ensure strong selling volume for sustained move.
๐ **Trailing Stop Strategy:** If price reaches **$35.31**, consider adjusting SL lower to secure profits.
๐ฐ **Partial Profit Booking:** Take partial profits at **Target 1** and let the rest drop towards **Target 2**.
โ ๏ธ **Watch for Fake Breakdowns:** If price reclaims $37.49, exit early to minimize losses.
---
### **๐ Final Thoughts:**
โ
**Bearish Breakdown Confirmed** โ High probability of downward continuation.
โ
**Strong Resistance at $40.10** โ Ideal SL placement.
โ
**Breakdown Momentum** โ Potential for a sharp decline.
**Trade Smart & Stick to Your Plan!** ๐๐ฐ
Let me know if you need a more detailed breakdown! ๐๐
#ShortTrade #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
Potential 15.23% ROI: HIMS Bullish OutlookA potential upward move of 8 bars, equating to an 15.23% ROI, is projected with an entry already breaking the upper trendline in the pre-market now at 27.23 eur. Thereโs a possibility of reaching the Fibonacci 1.618 level between January 7th and 15th. While nothing is guaranteed, the probabilities look favorable for Hims & Hers Health (Ticker: HIMS).
Hims updateHims pushes the supply zone on a bullish technical setup. The stochastic has become overheated on the daily and I have sold covered calls here as well as rolling my underwater section of covered calls. I do not believe we go much further. I expect a nice pullback here, BBWP is heating up as well. What is interesting is that the weekly stochastic just started to open up. I would love a healthy pullback tomorrow for some consolidation here for a retest of the demand zone.
HIMS Breakout Trade Setup (30-Min Chart) !๐๐ฅ
๐ Stock: HIMS (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ
Entry: $34.10 (Breakout Confirmation)
โ Stop-Loss (SL): $32.46 (Below key support level for risk management)
๐ฏ Target 1: $35.06 (First Resistance Level)
๐ Target 2: $36.57 (Major Resistance Level โ Moon Shot! ๐)
๐น Risk-Reward Ratio: Favorable Setup ๐
๐น Momentum: Strong bullish move with breakout confirmation ๐
๐น Pattern: Ascending wedge breakout with retest
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Ensure strong buying volume to sustain breakout.
๐ Trailing Stop Strategy: If price reaches $35.06, consider adjusting SL to breakeven ($34.10) or higher.
๐ฐ Partial Profit Booking: Secure gains at Target 1 and let the rest ride towards Target 2.
โ ๏ธ Watch for Fakeouts: If price struggles to hold above $34.10, exit early.
๐ Final Thoughts:
โ
High Risk-Reward Ratio โ Favoring bulls.
โ
Strong Uptrend & Momentum โ Ideal for continuation trades.
โ
Breakout Retest Success โ Price action is confirming the move.
Plan Your Trade & Trade Your Plan! ๐๐ฐ
Let me know if you need a more detailed breakdown! ๐๐