What Makes This Trade Great: HIMS Reentry in Action
What Makes This Trade Great: HIMS Reentry in Action
May 6, 2025
Hey everyone, Barrie Einarson here with today’s edition of What Makes This Trade Great, and we’re looking at an interesting move with HIMS. To Subscribe: https://go.trade-ideas.com/SHQ
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We had a short trigger from RAI at $47.07. Right out of the gate, it stopped out almost immediately—not the result we hope for, but part of the game. It looked like HIMS had overextended, but it wasn’t done yet.
This is where the reentry feature of our AI comes into play. Here’s the beauty of it: if a stock comes back to halfway between the original entry and the exit, it sets up a second chance. In this case:
- Entry: $47.07
- Stop-out: $47.44
- Midpoint: ~$47.25
HIMS came back down to $47.25, giving us that perfect reentry setup. From there, it dropped around $5 before any real pullback—a fantastic move if you stuck with it.
This trade is a reminder: don’t get discouraged by an early stop-out. With the right tools, like our AI’s reentry strategy, you can stay in the game and capitalize when the opportunity circles back.