Alex Dudov
⬤ HIMS is getting hammered right now, with the price sliding toward some critical support zones. The stock's been called extremely oversold, but it's still acting like a falling knife—meaning catching it could hurt. After dropping hard from earlier highs, shares are now stuck in the mid-teens with no clear sign of a bounce yet.
⬤ The chart is pointing to two big levels to watch: $15 and $13.60. Those are the spots where buyers might finally step in—or where things could break down even more. Right now, the pattern's pretty ugly: lower highs, lower lows, and momentum that just won't quit to the downside. Even though the stock's technically oversold, that alone doesn't mean it's ready to recover.
⬤ Here's the thing: being oversold doesn't automatically mean a turnaround is coming, especially when selling pressure is still this strong. The stock's behaving like sellers are in full control, and until something changes at these support levels, the path of least resistance is still down. If you've been following HIMS lately, this isn't new—similar concerns came up in HIMS stock tests critical support.
⬤ Because what happens at $15 and $13.60 could set the tone for HIMS's next move. If the stock holds and starts building a base, that's a sign buyers are showing up. But if it slices through both levels without much of a fight, the decline could extend a lot further. Right now, all eyes are on those support zones to see if this selloff finally runs out of steam or if there's more pain ahead.
Alex Dudov
