HUSA is up massive on the spike in global oil prices, and there appears to be no apparent fundamental reasons to back this momentum up for an extended period of time. I would not suggest taking a short or long position before seeing a clear direction.
Looking at the technicals, HUSA is disgustingly overbought, at 92 on the RSI with weak momentum on the MACD.
However, with the overall trend of global oil prices, I would expect HUSA to continue rallying for a few more days before cooling off and returning to normal prices.
Blue circle: Entry price/area Red box: Stop loss Green box: Take profit
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Update-
HUSA ran to 16.61, hitting my entry, and today it's fell to 5.59 hitting my price target.
The stop loss was likely way to high (around 20). I'll try to change it to more realistic and reasonable prices in the future