💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
I’ve been told that $HIMS is fighting Big Pharma
If that were the case, why would they pull oral GLP-1?
If they were in the right, why not keep it?
The answer is simple. If things went wrong, it could not only hit the company, it could hit management personally
Once a consumer uses a pill that is later proven to be ineffective, management can be sued for consumer fraud
Anyone involved in deceptive marketing is potentially liable under FTC law
The FTC has taken action not only against product marketers, but also, in certain cases, against individual owners and corporate officers
That means fines and penalties for individuals, not just the entity
In other words, risking investors’ money was acceptable. The line was drawn where management itself could face personal prosecution