On the one hand, we have a chartwhich actually does not look so bad at second glance does not look as badas it appears to be at first glance.
Although we are out of the upward trend channel downwards, but we are currently at horizontal support horizontal support 50.40$ + at 100 EMA at 50.93$ and then also at the 0.618 Fib level at 50.14$.

On the other side we have a CEOwho, one day after his approving reaction to the tweet about a possible short squeeze. and first sells shares for and sells shares for USD 11 million.

Question in the round: Who is stronger? -> A good chart picture or the emotions of disgruntled investors who don't care about the chart and just want to get out of the share after this rollercoaster ride?
PS: I took the plunge today and bought at 50.51$. What do you think?
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$HIMS (+2,75%)