Position: HFC LONG
Asset: April 17 $26 CALL options.
Logic: Hourly envelopment candle, daily / candle at supporting .
Strategy: Enter immediately, hold to $27 price target or close monday.
Don't look a gift horse in the mouth though. Wait for it to show signs of reversal before exiting. It's still going up on my chart!
You can stay in this trade until likely 27.34 resistance, if desired, but I simply had another play for this money I wanted to enter.
Total profit using call options: 40%.