Charles, any selling you do should be for rebalancing purposes (or to sleep at night) in my opinion because the upside from right here is still massive. Weekly, monthly and quarterly, HL is just getting started. In fact, even the daily chart is nothing but bullish and still has plenty of room left cyclically. In a bull market, it is risky to trade the short term, i.e., selling with the intention to buy the shares back.
Short term volatility is always a risk and HL might (just might) see some selling as it approaches $8.50 but I’d consider any decent pullback from there (or here) a strong buy. It finally took out last year’s high today (by one penny so far) which is hardly a reason to sell considering its financial shape now compared to last year or any time in the last several years for that matter. Today’s new high was also a new 4 year high and the action over those 4 years has been sideways, albeit in a broad range. So we’re now looking at unleashing the power built up during that long consolidation. Smart money knows it and the rest do not which is why we’ve seen huge volume this year. Those who “just can’t take it anymore” have been giving their positions to those who know what the big picture is saying.
Fwiw, the P&F price price objective is 13.50 but I sure won’t be selling any significant amount at that level unless I have some other reason to.
HL weekly:
https://schrts.co/aEXBfwbv

Technically I shouldn’t have released that as there is a restriction on it in the US.