**this video is for HIMS** though it's being incorrectly categorized under RDDT, but the chart and the walk through is on HIMS!**
For new positions, you may now want to wait on the reaction to earnings. There are a few stocks that opened down during earnings (ie AAPL) and a few that gapped up and sold off (ie RDDT).
Whichever path HIMS takes, there will still be opportunities to trade this, and imo, to the upside. Use the smaller chart time frames to determine an entry point that matches your entry criteria.
For new positions, you may now want to wait on the reaction to earnings. There are a few stocks that opened down during earnings (ie AAPL) and a few that gapped up and sold off (ie RDDT).
Whichever path HIMS takes, there will still be opportunities to trade this, and imo, to the upside. Use the smaller chart time frames to determine an entry point that matches your entry criteria.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.