$Hims & Hers Health(HIMS.US) = >>>>triple-bottom structure in Williams %R, with three separate tests near the −100 extreme-oversold zone in late July.
Earnings are August 10th with 100% Implied Volatility.More importantly, price appears to have made lower lows while Williams %R held roughly equal lows. That creates a potential bullish momentum divergence: selling pressure pushed price lower, but the oscillator did not deteriorate further.What confirms the reversal:$Hims & Hers Health(HIMS.US) at $30.29 and reclaimed:8 EMA: $29.18200-day MA: $30.22The next confirmation zone is tight:50-day MA: $30.6321 EMA: $30.91A daily close above $30.90–$31.00 would strengthen the reversal setup. Then the next upside level is the Bollinger midpoint near $32.44.Risk levelsThe pattern weakens if price loses $27.57–$27.77 again. The lower Bollinger Band around $25.42 is the deeper support level.Bottom line: Triple bottom in the oscillator—yes. Bullish divergence—likely. But the price reversal becomes much more credible only after $Hims & Hers Health(HIMS.US) clears and holds $31, followed by $32.40.@Liathetrader @alc2022 @NighthawkTradez @himshouse
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