rbeaujon

rbeaujon

A 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).

rbeaujon

Symmetrical triangle formation near the top of the current movement suggests potential consolidation before a bullish breakout. The initial target is set at the psychological level of 1.29737 EUR (Fibonacci level 1), with the possibility of extending toward the Fibonacci 1.618 level at 1.46728 EUR if the breakout is strong enough. The use of the Tunnels and the...