HFC 24 hour trade

2017年4月7日

HFC is in a good spot for a 24 hour trade. It has shown clear signs of bottoming out and should bounce to at least $27. This is evidenced RSI and candlestick patterns on both daily and hourly, candlesticks on both daily and hourly.

Position: HFC LONG
Asset: April 17 $26 CALL options.
Logic: Hourly envelopment candle, daily hammer / doji candle at supporting trendline.
Strategy: Enter immediately, hold to $27 price target or close monday.

2017年4月7日

トレード稼働中

Active in this trade.

2017年4月7日

ノート

Great timing on this one. Usually my timing isn't so perfect, I expected it to fly sideways for a bit first. If you're not already in this trade and considering it, expect it to retract a bit from its current leve (26.80) down to about 26.60 before continuing it's way up. Waiting for that retraction should be your entry.

2017年4月7日

ノート

As expected, the stock has retraced slightly. Now would be the time to enter if you missed the initial entry point @ 26.40.

2017年4月10日

ノート

Target reached.

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!

2017年4月10日

トレード終了: 利益確定目標に到達

Closed. It was over-extended and would probably retrace until lunch.

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%.