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. There’s 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 trade ideas
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) !📈🔥
🔍 Stock: HIMS (NYSE)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry: $34.10 (Breakout Confirmation)
❌ Stop-Loss (SL): $32.46 (Below key support level for risk management)
🎯 Target 1: $35.06 (First Resistance Level)
🚀 Target 2: $36.57 (Major Resistance Level – Moon Shot! 🌙)
🔹 Risk-Reward Ratio: Favorable Setup 📊
🔹 Momentum: Strong bullish move with breakout confirmation 📈
🔹 Pattern: Ascending wedge breakout with retest
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Ensure strong buying volume to sustain breakout.
📉 Trailing Stop Strategy: If price reaches $35.06, consider adjusting SL to breakeven ($34.10) or higher.
💰 Partial Profit Booking: Secure gains at Target 1 and let the rest ride towards Target 2.
⚠️ Watch for Fakeouts: If price struggles to hold above $34.10, exit early.
🚀 Final Thoughts:
✅ High Risk-Reward Ratio – Favoring bulls.
✅ Strong Uptrend & Momentum – Ideal for continuation trades.
✅ Breakout Retest Success – Price action is confirming the move.
Plan Your Trade & Trade Your Plan! 🏆💰
Let me know if you need a more detailed breakdown! 🚀📈
Hims potential new zonesHims cranked into the supply recently and maintained a bullish posture. There is possibly a new demand zone forming at the most recent small bodied red candle. This would push up the supply zone to the swing high large bodied candle. I marked both candles accordingly. I will try to keep the daily chart updated since this is great for selling 1-3 week options. I did sell calls into the previous supply, and puts into the previous demand.
Hims & Hers - Cheap Health saftyNYSE:HIMS is a platform in the US that takes care of peoples health. They help with everything from skincare to mental or physical treatment. The app provides free licensed providers consultations. Which i think is a gamer breaker in the US, since the cost from going to the doctors is so high, after what i have heard.
The price has broken through two old tops, one in 2021 and one in 2024, and now those tops are used as a bottom. Plus the RSI is turning just a little lower then the SMA. This indicates a bull run.
The Q3 earnings was doubled the expected, and since the price can go a lot over the indicators as seen in 2021 it could go on the rocket ship again
HIMS in supply Hims just hit the supply zone on a very bullish market. This is usually where I sell covered calls, or if in a spot trade sell shares. I sold covered calls today and have been layering up as the stock pumps. This is one of my largest holdings. It will be a battle for the stock to take this red box with conviction on short notice but anything is possible.
My plan:
I went with a safe spread of 31/32/35 covered calls with most of my shares at 35.
This will allow me to capture another ~500$ share appreciation per 100 shares if the stock really pumps, the 31/32 spread is for premium and I will manage those if I need to. I am ok with letting 20-25% of my shares get called away if I am close to strike on expiration since I own so many shares in my spot only account.
Summary: Short term bearish on price action
Long-term very bullish
HIMS Set UpSharing this on the hourly, but the daily chart is what caught my eye. The 1/17/2025 dip got bought right up.
There could be a little but of a head and shoulders patter going on, meaning it may turn bearish, but I think one good bullish move up is not out of the question.
KEY:
-White Horizonal Lines: Previous High/Low, multiple time frames.
-Green Horizontal Lines: 1.618 fib level.
-Purple trendline: Head and Shoulders neckline.
HIMS - T1 Trade Alert! 38% UPSIDE💊 NYSE:HIMS T1 Trade Alert! 💊
While we never left NYSE:HIMS as an investment, we took a brief trading hiatus. But guess what?
WE ARE BACK!!!
🔨 HAMMER TIME, BABY!
🎯 Targets: $30, $35, $38
🖐️ H5 Trading Community was notified about this setup this morning!
NOT FINANCIAL ADVICE
Hims breakout imminent Hims is about to break this descending wedge, and I have marked the supply and demand zones I will be utilizing for this setup. I have added ~ 1000 shares recently and plan on continuing to sell puts and calls. We had a nice reset on the weekly for volatility and momentum. I am VERY bullish since CPI was good as well.
My plan:
When we approach the demand zone (green box) I will sell aggressive cash secured puts 24 strike
When we approach supply (red box) I will sell safe covered calls at the top range
Rinse and repeat
Hims updateHims is one of my largest holdings throughout my multiple accounts. I have actually added a substantial amount of this holding to my long only account and 401k as well now that my conviction is high. You will note small dips into the demand zone on a wick basis. I am adding heavily here through a variety of tools.
My strategy:
CSP 24$ 1/31, CSP 6 months out ATM
Calls sold 35$ 1/31 and buying straight shares
Personalized Profits?Hims & Hers Health (HIMS) is demonstrating strong bullish momentum, with a gap forming around the $24.75 level. A breakout above the $35.02 resistance would signal continued upward movement, positioning the stock to target new highs at $45.04 within the next six months. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $20.49 to manage downside risk.
Hims & Hers Health is well-positioned to capitalize on the growing demand for telehealth and personalized healthcare services. The company’s innovative approach to direct-to-consumer healthcare, paired with its robust customer acquisition strategy, underpins its rapid growth. With increasing consumer adoption and expansion into new markets, HIMS has strong potential for sustained upside.
This combination of technical momentum and favorable market trends supports a bullish push toward $45.04, making HIMS a compelling opportunity for traders and investors.
NYSE:HIMS
Hims to bounce soonHims like the rest of the market had a nice fib rejection and pullback. The hot growth stocks are all pulling back to the golden pocket. This demand zone is already being tapped into but I would expect a more violent wick this week. This offers a nice reset to the stochastic RSI. BBWP also needs to drop for a bit for some contraction.
My plan: short- term bearish to 23ish
Buy shares, sell 6 month CSP ATM. Potentially close my covered calls.
HIMS: Another buying opportunity! 88% UpsideCharturday #4: NYSE:HIMS 💊
A top 3 trade/ investment for me right now!
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of Bull Flag and realized $35 MM
-Broke out of CupnHandle and now retesting before we head towards our $48.55 measured move (MM). Already wicked off the area which shows confirmation of a successful retest.
-Sitting on a volume shelf with a lot of room to run!
-At the bottom of our uptrend channel
-Wr% is in an uptrend as you can see with the arrow
Williams consolidation box (WCB) is completely jacked up due to the short attack last month that tanked the stock then the FED FUD this past week alongside the GLP-1 shortage removal decision by the FDA. So yea no stock can hold together a Williams CB during all those massive swings. But, make no mistake these created great buying opportunities IMO!
🔜🎯$35🎯$40
🎯$48⏲️Before 2028
Not financial advice.
Another Buying Opportunity on $HIMS! 60% UpsideNYSE:HIMS 💊
We are only half way through the week and this is me telling you that THIS IS ANOTHER BUYING OPPORTUNITY!
I said the same thing when we had the Short Attack and flush to $19.
What you don't realize is that the Wr% at the top of the chart ran up into the barrier of the Williams Consolidation Box and now needs to create it's support and bounce in order to form the BOX. I still believe that's $30 (meaning we wick back above it before weeks end). Whether we do or don't doesn't really matter in the longer term (weeks/months).
The downside on the Wr% is limited as well due to the rising trendline (Arrow) we are on since September. If we fall to that I strongly believe we get a bounce off of it, thus creating the box there or where we currently are at.
The reason this is a buying opportunity and shouldn't matter to the majority of you is because IMO it will be at $40+ before EOY! Do what you want but I'm cashing in on my Covered Call Premium and Buying more!
Not Financial Advice.