"I bought it off the 21-day line a couple of days ago. But there's a trend line from the top of the handle and the base, which makes this breakout scenario interesting."
Ed Carson describes Hinge Health (ticker: HNGE) as having formed a solid base with a recent breakout attempt above the 60 level. He noted he entered the stock near its 21-day moving average and sees the trend line from the base as a potential support. Despite the promising setup, he cautioned about its inherent volatility given its IPO status and unprofitability.
Stocks Fall On AI Retreat, Powell Comments. Hinge, Rocket Lab, Bloom Energy In Focus.
September 23, 2025
Company Opinion