Hims & Hers: Brief Pullback

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Hims & Hers: Brief PullbackHims & Hers Health, Inc. Class ANYSE:HIMSHKCM_GlobalHims & Hers shares have pulled back to the $30 level recently but then regained momentum and briefly climbed above $35. Our primary outlook calls for HIMS to continue its upward move. Once this rally is complete, we expect renewed selling pressure. There is also a chance the stock could soon face selling pressure again and drop below support at $21.53. If that happens, we’ll expect a reversal above $13.74 (probability: 20%).