- HIMS has shown tremendous growth in the past, currently it has a descending trend line as resistance. Once broken it will have a renewed momentum and could take the stock to 40+ range by post earning FY Q1 2025
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I hope whoever was invested in this trade started scaling out! I would sell 50% of the stocks at $37 because many would be eyeing $40
Exiting all the position on this name. Don't want to be greedy. It's volatile name so we would get overreaction to the downside somewhere down the line!