Fibs can only confirm trend, but not detect trend

The trend should be analyzed with other system such as Elliot waves, Gaps, moving average cross, support/resistance, etc

For HIMS, all it means is that buyer today decided to step in at 0.786. But looking at the overall chart, I think HIMS will enter into a downtrend from here, or at best, a period of consolidation. 

To resume uptrend, it must at least go above 25.44 to try to close that gap. However, 90% chance, i think it will be rejected at that level due to huge volume today