HIMS 20SMA Trend Contiuation PULLBACK SETUP

HIMS – Momentum Reload at 20 SMA After Massive Run
HIMS has been one of the hottest stocks in the market, and it’s giving us a textbook trend continuation pullback setup — right into the sweet spot.

🔹 Pullback to the 20 SMA
• After a huge run, HIMS finally gave us a controlled pullback to the 20 SMA, where it based for multiple days.
• Today, it remounted the 9 EMA — a key trigger in my swing strategy for momentum re-entry.

🔹 Why This Setup Works
• Momentum names don’t stay down long — this was just a reset.
• Even with the market shaky today, HIMS closed strong — up 8% while the rest of the tape faded.
• This setup is all about getting back into strength with low risk.

My Trade Plan:
1️⃣ Entry: Took a position on today’s remount of the 9 EMA.
2️⃣ Stop: Just under the 20 SMA — tight, well-defined risk.
3️⃣ Target: First target is a move back into the previous highs — if it breaks, we trail for continuation.

🧠 This is my bread-and-butter swing entry — clean, controlled, and full of momentum potential.