MrMercato
Long

possible entry for a day trade @ $1.45

NYSE:HTZ   HERTZ GLOBAL HOLDINGS INC
lets watch $1.70 - 1.80 zone breaking that level might take it to $1.45 which could be a good entry point for a fast trade to $1.70 again.
please remember that: this company is already filed for chapter 11 bankruptcy protection. be careful, I'm talking about the chart only.

Please note: just sharing my view. its not a recommendation for buying or selling.
Comment: could not rebound from here, that's a bearish sign, this shit might go back to $0.8 soon. watch out guys. if you wanna trade it, please trade it with a tight stop loss. ( FYI: i have no position in HTZ now, just trying to help)

Comments

Anything is possible now. Wouldn’t be surprised to see it jump +3.0% Before end of day
Reply
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