HIMS - About to go parabolic!Sorry, you missed it on NYSE:HIMS
The next earnings call will be game-changing, you'll never see a 2-handle on this name EVER again.
4-handle inbound! 🎯
Not financial advice
HIMS trade ideas
Hims potential new zonesHims cranked into the supply recently and maintained a bullish posture. There is possibly a new demand zone forming at the most recent small bodied red candle. This would push up the supply zone to the swing high large bodied candle. I marked both candles accordingly. I will try to keep the daily chart updated since this is great for selling 1-3 week options. I did sell calls into the previous supply, and puts into the previous demand.
Hims & Hers - Cheap Health saftyNYSE:HIMS is a platform in the US that takes care of peoples health. They help with everything from skincare to mental or physical treatment. The app provides free licensed providers consultations. Which i think is a gamer breaker in the US, since the cost from going to the doctors is so high, after what i have heard.
The price has broken through two old tops, one in 2021 and one in 2024, and now those tops are used as a bottom. Plus the RSI is turning just a little lower then the SMA. This indicates a bull run.
The Q3 earnings was doubled the expected, and since the price can go a lot over the indicators as seen in 2021 it could go on the rocket ship again
HIMS in supply Hims just hit the supply zone on a very bullish market. This is usually where I sell covered calls, or if in a spot trade sell shares. I sold covered calls today and have been layering up as the stock pumps. This is one of my largest holdings. It will be a battle for the stock to take this red box with conviction on short notice but anything is possible.
My plan:
I went with a safe spread of 31/32/35 covered calls with most of my shares at 35.
This will allow me to capture another ~500$ share appreciation per 100 shares if the stock really pumps, the 31/32 spread is for premium and I will manage those if I need to. I am ok with letting 20-25% of my shares get called away if I am close to strike on expiration since I own so many shares in my spot only account.
Summary: Short term bearish on price action
Long-term very bullish
HIMS Set UpSharing this on the hourly, but the daily chart is what caught my eye. The 1/17/2025 dip got bought right up.
There could be a little but of a head and shoulders patter going on, meaning it may turn bearish, but I think one good bullish move up is not out of the question.
KEY:
-White Horizonal Lines: Previous High/Low, multiple time frames.
-Green Horizontal Lines: 1.618 fib level.
-Purple trendline: Head and Shoulders neckline.
HIMS - T1 Trade Alert! 38% UPSIDE💊 NYSE:HIMS T1 Trade Alert! 💊
While we never left NYSE:HIMS as an investment, we took a brief trading hiatus. But guess what?
WE ARE BACK!!!
🔨 HAMMER TIME, BABY!
🎯 Targets: $30, $35, $38
🖐️ H5 Trading Community was notified about this setup this morning!
NOT FINANCIAL ADVICE
Hims breakout imminent Hims is about to break this descending wedge, and I have marked the supply and demand zones I will be utilizing for this setup. I have added ~ 1000 shares recently and plan on continuing to sell puts and calls. We had a nice reset on the weekly for volatility and momentum. I am VERY bullish since CPI was good as well.
My plan:
When we approach the demand zone (green box) I will sell aggressive cash secured puts 24 strike
When we approach supply (red box) I will sell safe covered calls at the top range
Rinse and repeat
Hims updateHims is one of my largest holdings throughout my multiple accounts. I have actually added a substantial amount of this holding to my long only account and 401k as well now that my conviction is high. You will note small dips into the demand zone on a wick basis. I am adding heavily here through a variety of tools.
My strategy:
CSP 24$ 1/31, CSP 6 months out ATM
Calls sold 35$ 1/31 and buying straight shares
Personalized Profits?Hims & Hers Health (HIMS) is demonstrating strong bullish momentum, with a gap forming around the $24.75 level. A breakout above the $35.02 resistance would signal continued upward movement, positioning the stock to target new highs at $45.04 within the next six months. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $20.49 to manage downside risk.
Hims & Hers Health is well-positioned to capitalize on the growing demand for telehealth and personalized healthcare services. The company’s innovative approach to direct-to-consumer healthcare, paired with its robust customer acquisition strategy, underpins its rapid growth. With increasing consumer adoption and expansion into new markets, HIMS has strong potential for sustained upside.
This combination of technical momentum and favorable market trends supports a bullish push toward $45.04, making HIMS a compelling opportunity for traders and investors.
NYSE:HIMS
HIMS: It's Hammer Time! 80% UpsideNYSE:HIMS 💊
Shorts had their fun in the sun, now it's our turn!
Weekly Hammer candle wicking right off the Cup&Handle breakout retest zone!
BULLISH! See you at $35+ SOON! 😘
Not financial advice
Hims to bounce soonHims 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.
HIMS & HERS HIMS AND HERS NDlet's discuss this idea. what do you think?
leave a comment.
best regards.
HIMS: Another buying opportunity! 88% UpsideCharturday #4: NYSE:HIMS 💊
A top 3 trade/ investment for me right now!
Weekly Analysis:
-H5 Indicator is GREEN
-Broke out of Bull Flag and realized $35 MM
-Broke out of CupnHandle and now retesting before we head towards our $48.55 measured move (MM). Already wicked off the area which shows confirmation of a successful retest.
-Sitting on a volume shelf with a lot of room to run!
-At the bottom of our uptrend channel
-Wr% is in an uptrend as you can see with the arrow
Williams consolidation box (WCB) is completely jacked up due to the short attack last month that tanked the stock then the FED FUD this past week alongside the GLP-1 shortage removal decision by the FDA. So yea no stock can hold together a Williams CB during all those massive swings. But, make no mistake these created great buying opportunities IMO!
🔜🎯$35🎯$40
🎯$48⏲️Before 2028
Not financial advice.
HIMS Monthly cup and handleTarget is around $50 for 2025. Good revenue with projected growth so the target of $50 is reachable earlier in mid of 2025, but if bad approval news comes up, we may see slow reaching to the target.
HIMS bounce or dive ?HIMS looking like bouncing off the 50 da MA very nicely as highlighted previously
If it does then 32 is a top again
Entry now : 24 25
Stop loss 22
HIMS - Elliot 'C' Wave Short HIMS has reached its A wave retrace of >.786 (i.e. 'B' wave is complete). Started short today. Will cover short when price < $19, or price > $31.
HIMS: Second round!HIMS: Second round!
-Inversed HnS pattern has broken out successfully and now backtest.
-ABCD pattern.
-Golden fibo zone support.
-Demand zone support.
-Less vol pullback.
See more plans at US STOCKS- WALL STREET DREAM
$HIMS UPDATE! You asked, I delivered! 60% UpsideNYSE:HIMS UPDATE! You asked, I delivered! 60% Upside
In this video, we will discuss:
-Why NYSE:HIMS is pulling back this week
-Short/Long-term targets
-What the H5 and WCB strategies are telling us
-and more...
NFA
Check it out!
Another Buying Opportunity on $HIMS! 60% UpsideNYSE:HIMS 💊
We are only half way through the week and this is me telling you that THIS IS ANOTHER BUYING OPPORTUNITY!
I said the same thing when we had the Short Attack and flush to $19.
What you don't realize is that the Wr% at the top of the chart ran up into the barrier of the Williams Consolidation Box and now needs to create it's support and bounce in order to form the BOX. I still believe that's $30 (meaning we wick back above it before weeks end). Whether we do or don't doesn't really matter in the longer term (weeks/months).
The downside on the Wr% is limited as well due to the rising trendline (Arrow) we are on since September. If we fall to that I strongly believe we get a bounce off of it, thus creating the box there or where we currently are at.
The reason this is a buying opportunity and shouldn't matter to the majority of you is because IMO it will be at $40+ before EOY! Do what you want but I'm cashing in on my Covered Call Premium and Buying more!
Not Financial Advice.
Bullish Roll Up, It’s Just The Start!
- Bullish Financials: Q3 showed a 77% YoY revenue growth and over 1000% increase in net profit, signaling robust financial health.
- Product Expansion: New categories are driving up order rates and revenue per user, potentially increasing the stock's valuation.
- Customer Engagement: High personalization rates suggest strong customer loyalty, likely reducing churn and supporting higher stock prices.
- Balance Sheet Strength: No debt and a 70%+ increase in cash on hand offer a solid foundation for future growth or acquisitions, a positive for traders.
- Brand Power: Recognized as a trusted health brand, potentially leading to a premium in stock pricing due to brand equity.
- Unit Economics: Improving LTV/CAC ratios with new categories, akin to top SaaS companies, indicating sustainable growth and profitability.
- Market Sentiment: Despite some volatility, there's optimism for continued growth, particularly in niche markets like ED and hair loss treatments, which could support a bullish outlook on the stock.
Technical Insight:
- Monitor for breakouts above recent resistance levels, potentially driven by continued operational success and market expansion.
- Watch for volume spikes on positive news or earnings beats as indicators of strong buying interest.
- Keep an eye on short interest; any squeeze could lead to rapid price appreciation.
Risks to Consider:
- Regulatory changes affecting compounded drugs.
- Market competition from giants like Amazon in telehealth.
Overall, the technical setup for HIMS might lean bullish if these fundamental strengths continue to be reflected in market performance.
HIMS - 30% UP ?HIMS - Cup & Handle pattern + Above the average line 150. Only an idea and not a recommendation for trading
HIMS Bullish Morning VolumeOver the last five days, HIMS has shown consistent high trading volume in the morning sessions, often accompanied by bullish momentum and large green candlesticks, indicating strong buying interest likely driven by premarket news or institutional activity. This bullish sentiment has repeatedly pushed the price higher during early trading hours, but resistance around $36 has capped further upward movement, causing reversals or consolidation in the afternoon. The chart also highlights key indicators like liquidity grabs (red zones) and trend catchers, which suggest institutional interest and strong upward trends during these periods. However, today’s sharp drop to $31.59 suggests a potential bearish reversal, with profit-taking or increased selling pressure following days of upward momentum. To capitalize on these trends, traders should focus on high-volume morning sessions for breakout opportunities while being cautious of resistance levels and reversal zones later in the day.
