$HIMS - Nothing major has changed since my last update.

The price has tapped into the high-timeframe support range I previously highlighted but has shown no clear signs of strength so far.
Because of this, I believe the best approach right now is to wait for clear confirmation, such as the price breaking back above the 1D Bull Market Support Band, which has been a strong resistance range over the last couple of months.
That would confirm that the bottom is durably in and that the most likely outcome from here is a reversal to the upside rather than further consolidation inside the high-timeframe support range or a continuation of the downtrend in a more bearish scenario.
As I’ve said for months, I’ve been looking to build a spot position in this stock because I like the company and the fundamentals.
But until the price finds a clear bottom, buying here would mean stepping into a falling knife without proper confirmation.