Hertz surged to the final resistance level last week after Q3 report was announced. Now price has been consolidating in a narrow range ever since. This indicates that a sharp move could be coming soon. In addition, the current market correction isn't over yet. This means that a turn back to the bears could initiate a reversal. Trade Step-ups: Bearish...
I did some road trips this year and I rented a car (not a Lamborghini but the cheapest one). Just arrived at the rental I asked me what happens with the shares of Europcar, Hertz etc. . My heart began to beat strong seeing this fractal. From July to october 2017 hertz did a nice jump. After that begann to swing in this channel. When you sink like a stone in...
Flat double zig-zag looking to launch this back into 50+ share territory. Look to go long at break of 50 using the Elliot structure as your guide you.
Bullish Kicker on daily chart trading close to 52 week low on high volume with Connors RSI(2) overbought at 94. Also was some big buys and an insider buy. I got in at 25.92 ADX is >30, TSI cross and above zero, and it closed above the 60sma. Also a case can be made for the formation of an intermediate impulse wave - starting wave three which will mean a move...