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parkitsideways

CAR Long Bullish divergence with the Double Ballsack Pattern

Long
Avis Budget Group, Inc. (NASDAQ:CAR)  
parkitsideways Updated   
NASDAQ:CAR   Avis Budget Group, Inc.
Trend Analysis
3
0
trendanalysis
Car looking for reversal at a previous lowpoint with Bullish Divergence and showing a Double Ballsack Pattern. Technical indicators looking great on the 4H, and 1D. Enter if price action is upward & cut if it dips below support (YELLOW BOX). Looking to begin scaling out around the GREEN BOX if trade is entered.
Comment:
Optimal entry might have been during the hammer candle today. Depending on price action tomorrow I may enter.
Trade active:
liftoff boys!!

Shares bought at 32.10
Trade closed manually:
Taking half profit, push up not as strong as I had anticipated. Profit is profit though!
Trade closed manually:
snapshot

Nearing previous resistance, earnings coming up, target price almost reached. Nice trade.
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