Get ready for a change in direction.
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The market has definitely reached the point I had mentioned. Now I expect volume to pick up and take us into higher prices !
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I have bought 2 more times in HIMSs. At this point as worst case scenario, I can see HIMS dropping down to $10 dollars and expect some consolidation for a while as HIMS tries to bounce off the $10 zone. Best case scenario is we start seeing HIMS creating new higher highs and higher lows for a reversal and target this years high around the $25 dollar point.
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I averaged down my trade when it fell down to $9.00, and now currently seeing lots of green ! We should see a pullback coming soon, DO NOT WORRY. Structure has been broken to the upside now, we are initiating a new uptrend for 2021. Long hold. Me personally, I am holding to the $20 - $23 area. Hope this helps, Happy Trading !!!