$HIMS | Cup & Handle Setup Forming

A classic cup & handle setup is building on the 4H chart.

Price just broke out of a falling channel (handle), and is now testing a key breakout zone between $48–$53. A daily close above $54–$55 with volume would confirm continuation.

I’ve mapped out three potential price targets ($73.88, $99.17, $145.34) based on the depth of the cup and Fibonacci extensions.

Watching:

RSI trending higher

Bullish trend intact via 8/21 EMA

Sub-$40 = pattern invalidation

Breakout + volume = go time. Watching closely this week.