Hims to bounce soon
Hims 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.
My plan: short- term bearish to 23ish
Buy shares, sell 6 month CSP ATM. Potentially close my covered calls.
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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.