HIMS had a fake-out upwards, now fake-out downwards next?As provided in the Title. We are currently breaking out of a wedge on LTF. But on HTF NYSE:HIMS is also forming a wedge. So I'm looking at an ABC scenario down to the marked area.by Martechnic1
Hims & Hers Health, Inc. (HIMS) โ 30-Min Short Trade Setup !๐๐จ ๐น Asset: HIMS โ NYSE ๐น Timeframe: 30-Min Chart ๐น Setup Type: Rising Trendline Breakdown & Rejection at Resistance ๐ Trade Plan (Short Position) โ Entry Zone: Below $37.42 (Breakdown Confirmation) โ Stop-Loss (SL): Above $39.83 (Double Resistance & False Breakout Zone) ๐ฏ Take Profit Targets: ๐ TP1: $34.98 (Major Support Zone) ๐ TP2: $32.16 (Previous Demand/Consolidation Area) ๐ Risk-Reward Ratio Calculation: ๐ Risk (SL Distance): $39.83 - $37.42 = $2.41 risk per share ๐ Reward to TP1: $37.42 - $34.98 = $2.44 (1.01:1 R/R) ๐ Reward to TP2: $37.42 - $32.16 = $5.26 (2.18:1 R/R) ๐ Technical Analysis & Strategy ๐ Trendline Breakdown Setup: Price broke below a sharp rising trendline after rejection near horizontal resistance. ๐ Bearish Rejection at $38.00โ$39.83: Strong seller zone with historical resistance. ๐ Bearish Candlestick Confirmation: Wait for a 30-min close below $37.42 with solid bearish volume for entry. ๐ Confluence at $34.98: Strong support from previous price structure. โ๏ธ Trade Execution & Risk Management ๐ Volume Confirmation: Confirm selling volume on breakdown below $37.42. ๐ Trailing Stop Strategy: Move SL to break-even ($37.42) once TP1 ($34.98) is hit. ๐ฐ Partial Profit Booking Strategy: โ Book 50% profits at TP1 ($34.98), let rest ride to TP2 ($32.16). โ Adjust SL to entry after TP1 is reached to protect capital. โ ๏ธ Breakdown Failure Risk โ Avoid early entry; wait for confirmation. โ If price holds above $37.42 and reclaims trendline, setup invalidates. ๐จ Final Thoughts โ Bearish rejection and trendline break signal a possible reversal. โ Clean 2.18:1 R/R toward TP2 โ attractive short opportunity. โ Stick to plan, wait for confirmation, and manage risk accordingly. ๐ #HIMS #NYSE #ShortTrade #TrendlineBreak #SwingTrading #ProfittoPath ๐๐Shortby ProfittoPath221
$HIMS - It is not done yetNYSE:HIMS I still think it could revisit that trendline. It is not even close to oversold. $24 is possible. ๐ by PaperBozz1
HIMS (lift off detected) HIMS as sitting above a trend line that been solid since 2023, hitting the 61.8% on fib retracement. Looking positive on 4h relative strength as well as macd. HUGE POTENTIAL!! Longby MomentumCrossroads242
$HIMSHims still looking very bullish. Let's remember to zoom out sometimes and look at the bigger picture. Calls placed for AugustLongby LuciferLambo2
Very Confident and safe Entry ZoneStock reached the resistance with reject candle indicating continuing down movement. The stock targeting the green 4h zone. for confirmation we need to see reversal candle with buying volume once showed up its green light for safe entry. Don't be caught during the run down movement be safe ! and of course its insane to buy at current level at resistance. Take Care. Shortby FaisalzorUpdated 3
Hims perfect golden pocket on monthlyHims has entered the deep value zone after a blow off top on irrational markets. I was able to roll covered calls way up and out due to this and collect ~18k on my shares. I have since rolled backwards and lower to capture my premiums. I believe the bottom is in on this move, and I find it very interesting that Hims fell perfectly to the golden fib. My plan: I am going to sell covered calls on the next major pump when the stock is closer to 40$ I did trim some shares to buy hood since that 20% down day was obnoxiousLongby Apollo_21mil1
$HIMS Hair, Health, Hello!I guess I might be jumping on the Bandwagon. Everything is growing with this one! Year over yr it's exploding, will this have a Zoom like fall? or a Monster rally? Time will tell and the dip makes this look like a great to start loading up.Longby Thisguy220
HIMS to $30My trading plan is very simple. I buy or sell when price tags the top or bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price at top of channels (period 100 52 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive and over top of Bollinger Band Entry at $36.25 Target is $30 or channel bottomShortby chancethepugUpdated 112
Where is $HIMS going next? Massive upsideWhere is NYSE:HIMS going next? Massive upside Watch now to find out! Not financial adviceLong05:34by RonnieV294432
HIMS: we may revisit 30s...Bullish about the business, but the chart is really an ugly one.04:36by marsrides111
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. by Mausty114
HIMS, what should you do now?Having as a background the video that I just shared about the SPX and the chance that we are in a controlled correction as opposed to a healthy pullback, I am raising stop losses in all my positions. Here's an example with HIMS.08:06by marsrides4420
HIMS - The Full MonthyNo, no weed involved in this analysis. As I said before, sometimes chart analysis is simple. But sometimes we need to extend it, combining all our knowledge to find the facts. Let's see what we have here: 1. The white Fork. ...it's crazy, isn't it? ;-) It looks like I was looking to fit it somehow. But the truth can't be farther away. If you understand the principles behind this tool, WHAT it really measures, and what INFORMATION it really provides, then you get it, why this Fork is drawn like it is. For the non Forkers: a) Forks measure extremes, cut swings in upper, lower extremes and show where the center is. b) they project the most probable path of price. The A-Point was the old high. The B-Point was the lowest low. The C-Point is, where we had the last low, after the High was breached. So, in essence, it's a very stretched Pullback-Fork. 2. The slanted grey lines: They just bring the natural Swings to light, and project them into the future. That's it. I'm not going into the the minor drawings here, since they are self explaining. Just give yourself a little bit time, watch the Chart from a distance, and let your thoughts flow. Any trades here? Let's observe and trade from one extreme to the Center and beyond...Longby Tr8dingN3rd2
HIMS/USD โ 30-Min Long Trade Setup !๐๐ ๐น Asset: HIMS (Hims & Hers Health, Inc.) ๐น Timeframe: 30-Min Chart ๐น Setup Type: Bullish Breakout Trade ๐ Trade Plan (Long Position) โ Entry Zone: Above $41.80 (Breakout Confirmation) โ Stop-Loss (SL): Below $36.03 (Support Breakdown) ๐ฏ Take Profit Targets: ๐ TP1: $50.32 (First Resistance Level) ๐ TP2: $60.38 (Extended Bullish Move) ๐ Risk-Reward Ratio Calculation ๐ Risk (SL Distance): $41.80 - $36.03 = $5.77 risk per share ๐ Reward to TP1: $50.32 - $41.80 = $8.52 (1:1.47 R/R) ๐ Reward to TP2: $60.38 - $41.80 = $18.58 (1:3.22 R/R) ๐ Technical Analysis & Strategy ๐ Triangle Breakout: Price is forming a bullish wedge, indicating possible breakout above resistance. ๐ Bullish Momentum Building: A breakout above $41.80 with strong volume will confirm upward movement. ๐ Volume Confirmation Needed: Ensure high volume at breakout to confirm buying pressure. ๐ Momentum Shift Expected: If price sustains above $41.80, a move toward $50.32 and then $60.38 is likely. ๐ Key Support & Resistance Levels ๐ข $36.03 โ Strong Support / Stop-Loss Level ๐ก $41.80 โ Entry / Breakout Level ๐ด $50.32 โ First Resistance / TP1 ๐ข $60.38 โ Final Target / TP2 ๐ Trade Execution & Risk Management ๐ Volume Confirmation: Ensure strong buying volume above $41.80 before entering. ๐ Trailing Stop Strategy: Move SL to entry ($41.80) after TP1 ($50.32) is hit. ๐ฐ Partial Profit Booking Strategy: โ Take 50% profits at $50.32, let the rest run to $60.38. โ Adjust Stop-Loss to Break-even ($41.80) after TP1 is reached. โ ๏ธ Fake Breakout Risk โ If price fails to hold above $41.80 and drops back, exit early to avoid losses. โ Wait for a strong bullish candle close above $41.80 for confirmation before entering aggressively. ๐ Final Thoughts โ Bullish Setup โ Breaking above $41.80 could lead to higher targets. โ Momentum Shift Possible โ Watch for volume confirmation. โ Favorable Risk-Reward Ratio โ 1:1.47 to TP1, 1:3.22 to TP2. ๐ก Stick to the plan, manage risk, and trade smart! ๐๐ ๐ #StockTrading #HIMS #BreakoutTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis ๐๐ฅ Longby ProfittoPath5
Opening (IRA): HIMS April 17th 28 Covered Call... for a 26.33 debit. Comments: Throwing a few bones at this high IVR/IV (57.5/109.4) single name post-earnings, selling the ~84 delta, 2 x expected move call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 26.33/share Max Profit: 1.67 ROC at Max: 6.34% 50% Max: .84 ROC at 50% Max: 3.17% Will generally look to take profit at 50% max/roll out short call if my take profit is not hit.Longby NaughtyPinesUpdated 221
$200 .... bring it onThis business is growing strongly, it has the potential to be digital Walgreens/CVS combined with AI. This can turn bullish to a bubble with 200+ target by end of this year. This may hit high 20s or low 30s before it turns back bulliish.Longby babu_trader6
Hims pulls back to golden fibHims had a major overheated run from 40-70 way too rapidly. Despite this being one of my largest holdings I was not a fan of this price action. With that said the shorts are at it again and here we are. If you zoom back to September 2024 and draw a fib retrace to the swing high you will note the most recent wick slammed off this level around 36.4$. We also note a triple red firing on BBWP, and a now bottoming stochastic RSI setup. I think we consolidate between 37-42$ for a bit and let that stochastic really dig deep before some drives of bullish divergence form My plan: I pulled the trigger too early and started buying at 50$, but I am in for the long term. I was able to close my Jan covered calls for 12,000$ realized by rolling back to August with a lower strike, this made sense here.Longby Apollo_21mil6
GLP1 shortage over, whoโs buying the dip?Thereโs no doubt that HIMS is a strong growth stock but itโs largely dependent on the GLP-1 shortages. I had previously warned that the shortage ending would cause a huge dump on the stock. I was slightly ahead of the curve, the shortage remained for another quarter and the price pumped higher. Alas, here we are and the shortages have come back. Personally Iโm not looking to trade the stock but Iโve been asked about potential areas of support for โbuy the dippersโ. My opinion on the matter is if we donโt get a bullish bounce around $37, this will sink to $30 which is the golden ratio retracement. But I will warn you that this drop is strong and you should only DCA if you believe this business can maintain its growth without the GLP-1 product. I view the stock as peaking in a wave 5 and therefore we should get an ABC corrective wave. Not financial advice, do whatโs best for you. by NoFOMO_225
Not Far-fetched to see a pullback here in HIMSNYSE:HIMS Theoretical resistance here for HIMS potentially. Shortby StockPickingEnthusiastUpdated 10
$HIMS - Please give us this DIP!If the gods bless us we can have a DIP BUY on NYSE:HIMS at $42-$48 range! Have a GAP to fill at $46.34 as well. Earnings Monday after the bell, could be the last time to see NYSE:HIMS at these levels if they crush! Not financial adviceLongby RonnieV297744
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 2027Longby Apollo_21mil7
Probably best not to chase HIMS hereNYSE:HIMS Rock and a hard spot if you ask me. . Shortby StockPickingEnthusiastUpdated 7