HTZ has been trading around its 100 day moving average since the middle of January. This average should serve as an important level of support over the next few trading days.
Looking at RSI (2 period, 90% and 10% upper/lower bands) HTZ tapping that lower band at 10.79% at today's close.
If support can hold up, HTZ might be ready for a nice little bounce.
Long 80 HTZ @ $17.42
Plan to exit around $18.50 or so in the next few trading days.
Cheers !
Looking at RSI (2 period, 90% and 10% upper/lower bands) HTZ tapping that lower band at 10.79% at today's close.
If support can hold up, HTZ might be ready for a nice little bounce.
Long 80 HTZ @ $17.42
Plan to exit around $18.50 or so in the next few trading days.
Cheers !
Trade active:
Major market news today bringing everything down.
Will give HTZ another day or so to bounce off the 100 day moving average and prove today is just a dip in an upward trend.
Will give HTZ another day or so to bounce off the 100 day moving average and prove today is just a dip in an upward trend.