A couple of days ago, I highlighted an anomaly about bankrupt companies spiking up. Over the last two days, Hertz, being one of such, had a bearish harami, now a three inside down, candlestick pattern. This came after failing the 55EMA. REALITY BITES... HARD. Stay safe.
After the initial dip this morning Hertz seems to have bounced and held support in this channel, it is looking like we could see another move up here where if we break out of the Triangle we can expect continuation to the upside. If this trade is set up is stopped out or we see a lower high made on this time frame we can expect another move to the downside. Make...
It was just less than 20 days ago, that Hertz filed for bankruptcy protection . It’s a centurion company, mind you. And over the last couple of days, Hertz’s stock bounced so hard , you know it’s as if the boy who shined your shoes no longer does it cos he made money off the markets and quit his job. Wait... does that sound familiar??? Caveat Emptor...
All, Hertz needs to break a full candle above $1.09. I said this with AMC.. what are the odds people/companies/large investment banks let these companies go under that literally everyone knows? I say it won't happen and the backing of recent news suggests the same. You absolutely have to have a market stop loss under $.90 if you get in now. Worst case they get...
The Below news can be seen as a negative news for the stock. Billionaire investor Carl Icahn sold his entire 55.3 million shares on Tuesday for 72 cents a share, according to a regulatory filing. His holding represented about 39% of the company’s stock. Technical analysis: Market is Bearish
Looks like hertz broke falling wedge to the upside and is currently flipping the resistance to support. Still has massive bullish divergence on weekly. We could get a nice little rally from here. Needs to hold 2.90.
More companyes are fileing bankrupcy, in your opinion - Who is next?
Hertz avoids bankruptcy with last-minute deal (Until the 22nd of May) On Tuesday, Hertz said it had reached agreement with most of its lenders to give it more time, through May 22, before the company is required to liquidate vehicles serving as collateral. The company said it can’t make any assurances that it will be able to negotiate any further forbearance or...
NYSE:HTZ Lot's of bullish signs/patterns played out and are playing out. If the bottom is in, then we would have formed a double bottom = bullish. Today's price action resemble a SFP (swing failure pattern) = bullish. Many bullish divergences on multiple time frames (1hr, 4hr, 1day, weekly) = bullish. Inverse head and shoulders pattern looks to be completing...
Both Options A and B are possible (one it is based on the Technical analysis - Channel line and one on the gap between the two similar market - the gap sooner or later should be closed) Hertz is still on the edge of bankruptcy, we need to wait to understand the future of Hertz AVIS seems that will be able to pass through the crisis: That $750 million borrowed ...
- Chief Executive Officer Kathryn Marinello noted they have missed their last debt payments and working to avoid bankruptcy at the moment. - Technically we in a serious downtrend and price is consolidating in this descending triangle - all eyes on the upcoming results. This formation needs to sort it self out .... - Let's hope creditors don't liquidate the...
NYSE:HTZ Stand Aside - DO NOT INVEST IN HERTZ NOW Hertz has 17 Billion debt (hertz has skipped April payment to the landers) and it has laid off 10,000 employees SIDEWAYS TREND - Low Volume, Low Volatility Just wait the next Week to see the future of Hertz -Deadline by the banks/lenders set on May 4th
ALEX VIEIRA GENIUS LAUGHING HARD BEST CRASH SINCE 1929 YOU WERE WARNED! DUMP EVERYTHING! GO SHORT!
Indeed! ALEX VIEIRA GENIUS LAUGHING HARD BEST CRASH SINCE 1929
the video selling short AVIS at $52 LIVE is available on the web
Looks like it wants to bounce up to The blue line, however long term trend is down so keep an eye on the bigger picture. Oscillators starting to turn up
Autonomous AI Vision Fund Sell Hertz Sparks Crash