HIMS We’re about to enter a recession, how many people are still going to buy weight loss drugs, hair growth shampoo and ED pills?! This entire company is a discretionary play which is over when recession or stagflation is at play. You’re just creating liquidity for Institutional short.
HIMS Hey guys. Some bearish divergence, if it breaks the bottom trend line, it can retrace back to the 0.5 and 0.618 levels. Will add some at that level. Let's see. Again, if the trend is strong, then usually bearish divergence doesn't work out. But looking at how fast we went up, it should retrace. (very high probability, so book your greens, at least 25-50%, and then add more at the retracement)