Hims (HIMS) Stock Chart Analysis: Observing a Cup and Handle
The HIMS stock chart displays a pattern resembling a cup and handle. If confirmed, technical analysis suggests a possible price target exceeding $24.
While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall market conditions.
It's also crucial to understand the limitations of technical analysis and avoid solely relying on it for investment decisions.
While the cup and handle pattern suggests a potential price increase, it's important to consider other factors that can influence the stock price, such as the company's fundamentals, industry trends, and overall market conditions.
It's also crucial to understand the limitations of technical analysis and avoid solely relying on it for investment decisions.
Note
One thing to note is the gap at $10 on the daily chart.Trade active
Target still in sightTrade active
Note
The age of extreme volitility.Note
Note
Target reachedTrade closed: target reached
Nailed this one. 
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
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.
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
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.