The Long Investor

$HIMS

Added 2025-05-14 10:21:29 +0000 UTC

Gap is now filled in the PM and the price is still routing towards our Subwave 5 target at the 2.618 Fib at $68, which is where we always set our wave 5's at.

Can the market send this right back up to the $72 ATH level in this move?....there is no reason why it can not.

We need to constantly remind ourselves how fast this has run over such a short period of time and remind ourselves that this has happened already in Feb and we know what happened next after a run like this.

I have trimmed both times on the way up in Feb and this month and moved them into undervalued positions like $OSCR, $NVO, $PYPL, $AMZN and $BABA....and we are compounding these gains.

RSI is showing clearly overbought now but not as high as Feb yet.

So where do I see this going after Subwave 5 completes?

I had added the amber fib support levels to show where a standard abc pull back can complete at.

And right now I have set the fib levels from the $22 low in April to potentially hitting the ATH level again at $72.

When the abc pull back completes between $42 - $48, I will add again.

And we'll rinse and repeat this for the next few years, continuing to compound our gains.