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HIMS

HIMS a gender focused health care company LONGHIMS had an excellent earnings report for a small cap company; it is consumer driven quality focused and helps the customer feel good about him/her- self. It does not have any gender orientation agenda nor any obvious political inclinations. On the 120 minute chart, it started a moving averge convergence about a week before earnings. The Greeny TTM squeeze indicator did its thing as the post-earnings action began. I see this stock as a good long to hold into the next earnings and perhaps through it. HIMS is now at its all time high. There is no chart horizontal resistance overhead and traders will note that. I see the bullish momentum continuing perhaps with some healthy ( no pun intended) corrections while underway. Healthcare is considered to be a hot sector for 2024 this small cap seems to be warmed up.
NYSE:HIMSLong
by AwesomeAvani
Short Trade in HIMSThis is a potential short trade that could deliver a nice gain if the market pulls back. I am still focused on buying opportunities, but it never hurts to be prepared for the other side. Some of you may remember this as a stock I was looking to buy a couple months ago. Often times, the best short ideas come from stocks on my long watchlist that fail. HIMS tripled from October to April but began rolling over after a poor earnings report at the beginning of May. Not only did the stock fall on above-average volume, but even a 33% discount has failed to attract buyers. When stocks pull back, they either act as tennis balls (bounce back quickly) or eggs (splat and fail to rally). Buy tennis balls. Sell eggs. HIMS has formed a support shelf near the $8 level. A move below that would trigger a lot of stops, making it an ideal place to sell the stock short.
NYSE:HIMSShort
by rossgivens
2
Breakout Trade in HIMSHIMS is another high growth name. Sales have nearly doubled in each of the last four quarters and losses are steadily declining. HIMS stock got overcooked after rising 195% between October and May, triggering a 30% retracement. This stock also has an “undercut & rally” setup forming. Note the dashed line on the chart above. This was a significant area of resistance previously, so the move below this level last month likely took out a lot of investors. Shares have consolidated in a tight range on low volume for the last two weeks. This is likely support buying as longer-term investors build or add to their positions. I want to see a move above the support/resistance line at 9.50. A move above that price would be my buy trigger. My stop loss would be at 8.70 to risk 8% on the trade.
NYSE:HIMSLong
by rossgivens
Long Trade in HIMSHIMS has been a market-leading stock for several months. It has tripled since October and is now consolidating at all-time highs before its earnings announcement. The company is scheduled to report after market close on Monday, 5/9. If I were a gambler, my bet would be that they beat and surge higher. Personally, I’m not willing to risk it which is why I recently covered my position in HIMS for a quick profit. But if Monday’s numbers are good, I will consider buying back in on Tuesday morning.
NYSE:HIMSLong
by rossgivens
Long Trade in HIMSHIMS is an exciting new company taking the awkward discomfort out of sensitive medical issues for men and women. They have two sites – Hims and Hers. The sites are catered to each gender and offer hair loss medications, prescription skin cream, anxiety drugs, and sexual dysfunction treatments via quick, online doctor visits. The company then ships the drugs or product directly to the customer’s home. The company went public three years ago, and it has been a roller coaster ride for investors. Shares have been as high as HKEX:25 and as low as HKEX:3 , all in just the last couple years. But the stock is showing signs of a new breakout higher. The 10, 21, and 50-day moving averages are stacked tightly below the stock to form a launchpad setup. We have also seen price consolidate nicely over the last six weeks as investors digest the blowout earnings numbers. I bought some on Thursday near HKEX:10 per share and we issued this as a new trade idea on Friday, 4/14 just before the breakout. So far it is playing out well with a clean move on high volume. The stock needs to stay above $9.35, or I will consider getting out.
NYSE:HIMSLong
by rossgivens
HIMS & HERS on FIRE! Technical AnalysisGood afternoon Investors, HIMS is extremely strong today. This comes after retesting reactionary zone 1 (previous high) of $7.16, and for 2 weeks now it has been climbing. I still think we have more upside movement left before another move down but only time will tell. Right now, I am projecting hitting $9.00 if not pretty darn close to it at least. I hope you all enjoyed my video and don't forget to follow for more upcoming new videos. Happy Trading !!!
NYSE:HIMSLong
by Vic_Tech_Trader
7
HIMS & HERS Weekly ProjectionGood evening traders. Waiting on 1st reactionary zone to be tested at the $5.55'ish area based off the weekly chart. After a long bullish move up for several weeks, this is considerably a healthy pullback. On the monthly time frame, however, there is an OB VOID taking HIMS all the way back down to the mid $4's. Considering DJI and SPX have now turned into huge sellers, HIMS has held rather nicely on numerous occasions. Only time will tell. Overall, waiting to average down if and when the market reaches mid 4's. Other than that, enjoy the rest of your weekend everyone and remember. Happy Trading!!!
NYSE:HIMSLong
by Vic_Tech_Trader
HIMS.... Heaven or Hell ???Good morning traders. We are at a crucial point here on HIMS where we can see we drop range, drop again and it seems never ending. Well, even though we have been green for the last couple of days, I see another push down and will remain ranging into that area until we get a breakout. I personally believe these are super cheap prices for HIMS, noting that they continue to crush earnings. As long as the company continues to perform how it has been since it came public we should see a major shift shortly. I have been averaging down and will continue to do so. Hope this helps and don't forget, happy trading...
NYSE:HIMS
by Vic_Tech_Trader