HIMS strongly suggests the stock is currently in the final phase of a large decline before initiating a major upward move. According to Elliott Wave principles, the stock is completing a correction labeled as wave (4), which has formed a "Flat" pattern.
The final downward leg of this pattern, wave (C), is projected to conclude around the prior wave (A) low of $23.97, or potentially slightly below this level. Once the price reaches and holds support near the $24 area, the analysis anticipates the start of a new, highly significant bullish impulse wave (5), which is expected to drive the price to 57, 95, and 120+ levels.
Stay Tuned!
Money_Dictators
The final downward leg of this pattern, wave (C), is projected to conclude around the prior wave (A) low of $23.97, or potentially slightly below this level. Once the price reaches and holds support near the $24 area, the analysis anticipates the start of a new, highly significant bullish impulse wave (5), which is expected to drive the price to 57, 95, and 120+ levels.
Stay Tuned!
Money_Dictators
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To eliminate these delays and give priority access to serious traders, we’ve launched an exclusive Premium EDU + Wave Count Group.
💰 Annual Fee: $115
BUY NOW: t.me/moneydictators/148
Lifetime Free - t.me/moneydictators
💰 Annual Fee: $115
BUY NOW: t.me/moneydictators/148
Lifetime Free - t.me/moneydictators
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.