Shares of Hims & Hers Health Inc. ($HIMS) experienced notable volatility in early June 2025. On June 3, the stock opened with a gain of approximately 17% but reversed course throughout the day, closing down 3.59% after trading 112 million shares. The price declined from around $67 to $57, with some traders noting a failed follow-through at the open and identifying the day as a short-selling opportunity. Market sentiment remained cautiously bullish despite the intraday reversal. On June 4 and 5, the stock showed signs of consolidation and sideways movement, with technical indicators such as RSI and MACD suggesting an unwinding of overbought conditions. Analysts and traders highlighted a potential support zone around $51 to $52, considering dips in this range as buying opportunities for a possible longer-term upward trend. Other stocks mentioned alongside $HIMS included BroStock ($BROS) and Reddit ($RDDT), which posted gains of 14% and 17%, respectively, while Meta Platforms ($META) and CrowdStrike ($CRWV) showed gains of 176%. Overall, $HIMS demonstrated high intraday swings and trading volume, reflecting active investor interest and mixed short-term outlooks.
$HIMS took a baby slice off for good coin. I put all the rest into let it ride. Overbought continues to unwind see RSI and MACD. RSI holding 50 is bullish. Like to see $52ish hold on the downside. https://t.co/H59BibSb6i
$HIMS took a baby slice off for good coin. I put all the rest into let it ride. Overbought continues to unwind see RSI and MACD. RSI holding 50 is bullish. Like to see 52ish hold on the downside. https://t.co/492v1eGtWN
$HIMS sideways consolidation. Long term it heads higher