Channel Breakout
By:TradingView
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HIMS has been cooling off after recent double bottom reversal near 13-14 area. The descending channel has been the resistance it is trying break now. If channel gets broken then 27.5 is very strong resistance yet to be watched. For now, it needs to stay above 21 (SL). Channel breakout will lead to 27.5 as immediate target, but eventually it will be hitting 40-41.
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