WHATS NEXT FOR $HIMS?Hims & Hers Health, Inc.BATS:HIMSKalaGhaziTechnical & Fundamental Outlook for HIMS: Positioning for a Sustained Bull Run A comprehensive review of the charts for HIMS reveals a compelling narrative of building bullish momentum, suggesting the stock may be on the cusp of its most significant upward move to date. The technical structure, combined with a pivotal upcoming catalyst, paints a highly optimistic picture for both the near and long term. The Macro View: A Foundation of Strong Growth Since its notable low in November 2023, HIMS has been trading within a well-defined Ascending Channel. This pattern is characterized by consistently higher lows and higher highs, indicating a healthy and steady uptrend that has provided a reliable foundation for the stock's price action over the past year. This establishes a clear and positive macro trajectory, confirming that the bulls have been in control for an extended period. Consolidation Phase: The Bullish Wedge and Impending Breakout Within this broader ascending channel, the price action over the last several months has formed a distinct Bullish Wedge (or Pennant) pattern. This tightening consolidation typically occurs after a strong upward move and represents a period of equilibrium where the market catches its breath. The coiling nature of this wedge suggests that energy is being built up for a powerful directional move. The timing of this pattern is critical, as it is converging perfectly with the company's upcoming earnings release on Monday, February 24, 2025. This event is widely anticipated to be the fundamental catalyst that triggers the anticipated technical breakout from this wedge, potentially initiating the next major leg up. Harmonic Patterns and Measured Moves: The XABCD Bullish Scenario Adding further credence to the bullish thesis is the emergence of a classic XABCD harmonic pattern (often manifesting as a "Bat" or "Gartley" pattern) on the charts. These patterns are revered by technical analysts for their precision in identifying potential reversal zones with high probability. The completion of this pattern suggests that the recent consolidation is not a sign of weakness but rather a strategic pause before another significant bull run, aligning perfectly with the wedge analysis. The Immediate Setup: A Forming Bull Flag On a shorter time frame, we can observe what appears to be the early stages of a Bull Flag pattern forming. While this pattern is not yet fully confirmed and requires a decisive breakout above the flag's upper boundary on strong volume, it is a highly encouraging structure to monitor. A confirmed bull flag breakout often projects a move equal to the length of the prior "flagpole," which in this case would imply a substantial upward surge, providing a powerful near-term signal. Critical Price Levels: Support and Resistance Current Support & Buy Zone: The most immediate and robust support rests at the $37.85 level, which aligns with the 0.5 Fibonacci retracement level of a key prior move. This creates a strong foundation. Our primary "Buy Zone" is strategically defined around the $40.00 psychological level, offering a high-risk-to-reward entry point. Secondary Support: Should a broader market pullback exert temporary pressure, the next significant support floor is situated around the $30.00 mark. This represents a deeper, yet still strong, area of historical buying interest. Danger Zone: A breach below $30.00 would lead us to our "Danger Zone" near $20.00. However, given the overwhelming strength of the ascending channel and the confluence of bullish patterns, the probability of a decline to this level in the foreseeable future is considered exceptionally low. Price Targets and Forward Projections Our immediate focus is on the resistance at the all-time high of $72.98. A confirmed breakout above this level, especially on the heels of a strong earnings report, would open the path for a powerful advance. Post-Earnings Target (Near-Term): Following the February 24th earnings, we anticipate a strong move that could propel HIMS toward the $70.00 range as an initial target. Primary Bull Run Target (Medium-Term): The main objective, based on the measured moves of the ascending channel and the harmonic pattern projections, is a price target band between $92.00 and $98.00. This range represents the next major resistance area and would signify a period of clear market domination for the company. In summary, HIMS is exhibiting a rare and powerful confluence of multiple bullish technical indicators, all aligning with a high-impact fundamental catalyst. The strategic setup suggests that any pullback towards the $40.00 support zone presents a favorable opportunity to position for a significant upward revaluation, with a clear trajectory first towards its previous highs and ultimately toward the primary target zone approaching $100.