HIMS is working out a corrective move down on the Daily. As long as price is above the Daily Demand Zone, there is a HL Indication with the most likely scenario (70% of the cases) another strong or weak move up.Scenario is cancelled if the price closes below the Daily Demand Zone, then the situation must be reassessed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.