⬤ Hims & Hers Health (HIMS) is catching serious attention after its stochastic indicators just formed the same bullish triangle pattern that sparked a massive 128% surge, followed by another 32% jump. Traders who caught those moves are now watching closely, wondering if history's about to repeat itself with a potential 2.3x gain ahead.
⬤ Right now, both stochastic indicators are showing strong positive momentum, suggesting HIMS could be gearing up for another significant rally. The technical setup looks solid, and with the stock currently trading at $31.32, many traders are waiting for that final confirmation before jumping in. If HIMS breaks through its current resistance levels, we could see it push toward new highs pretty quickly.
⬤ What makes this setup particularly interesting is HIMS's track record. When these same technical signals appeared before, the stock delivered impressive gains. Now traders are eyeing that potential 2.3x move, and if momentum holds, we might see another substantial surge. The big question is whether HIMS can maintain its strength at these levels and keep pushing higher.
⬤ For anyone watching HIMS, the key is monitoring those support levels. If the stock stays above them and the stochastic indicators keep trending positive, we could see more upside momentum building. It's one of those setups where technical signals are aligning, and traders are positioning themselves for what could be a significant opportunity.
Sergey Diakov
Sergey Diakov