Is this actually impulsive, or are we just forcing
Impulsive should look clean: 5 waves higher, then a clear 3-wave pullback.
Corrective usually looks messy, choppy, and full of overlap.
Look at $HIMS. After dropping 14.2% on Friday, it bounced 7.4% today to around $30.17. That rebound looks strong, but I’m not ready to call the structure impulsive yet.
I’m still bullish on $HIMS long term. Short term, though, the chart can still make another low before the bigger trend really turns.
