HIMS Bullish Morning Volume

Over the last five days, HIMS has shown consistent high trading volume in the morning sessions, often accompanied by bullish momentum and large green candlesticks, indicating strong buying interest likely driven by premarket news or institutional activity. This bullish sentiment has repeatedly pushed the price higher during early trading hours, but resistance around $36 has capped further upward movement, causing reversals or consolidation in the afternoon. The chart also highlights key indicators like liquidity grabs (red zones) and trend catchers, which suggest institutional interest and strong upward trends during these periods. However, today’s sharp drop to $31.59 suggests a potential bearish reversal, with profit-taking or increased selling pressure following days of upward momentum. To capitalize on these trends, traders should focus on high-volume morning sessions for breakout opportunities while being cautious of resistance levels and reversal zones later in the day.