Well, that was quick. HLF did go on to hit the first target (38.40) shortly after the open today. That’s a 12.3% gain since the entry on Friday so consider booking partial or full profits, depending on your trading plan. T2 still remains the official final target for now although as I stated after the previous recent short trade hit it’s final target for a 24% gain on January 30th, I still think that the stock will likely see the 25 level in the upcoming weeks/months, possibly even days, depending on how the earnings & outlook go tonight although I expect nothing short of a bullish “pump” from the company tonight in order to help assist Icahn’s short-squeeze attempt against Ackman. Regardless, I’ll tune out that noise and let the charts and price action speak.
