August 26, 2026
A Name I've Never Traded And Might Buy Today
Alright gang, this one's new to me. I've never traded Hinge Health (HNGE), but the pattern is just too good to ignore.
Hinge Health does virtual physical therapy. Wearable sensors, motion tracking, a care team watching remotely, sold mostly to self-insured employers who'd sooner fix your back than pay for surgery. They IPO'd in May of last year at $32, and the stock's been an earnings winner since.
On the 195-minute, the trend is up, and price is sitting just under all-time highs at $93.13. Pattern's clean, and the squeeze fired coming out of that early August base with momentum turning back green.
Action to take: I like an entry around $88, and if this thing gets going, I think a move to $100 and above is on the table. The 1.618 extension sits at $98.63, so that lines up.
One thing to keep in mind, the daily range on this is running about 115% of its average right now, so size accordingly.