No demandsI’m predicting outcome within 6 months based on supply demand’s technical analyses. Let’s see if picture is perfect Shortby mehmetyy0
HTZ 10/24/2022HTZ Bout to catch a hurtin’ Daily chart analysis These jokesters went from filing for bankruptcy to owning a fleet of Teslas cars and having commercials with Tom Brady. Those covid bucks did everyone pretty good huh?! But if you look around, every company little by little has been taking back all those “Covid gains” and the “investor” has been the one paying the price. HTZ went public Oct.’20 and went sideways until Apr.’21 Price broke out of sideways range May’21. The sideways range was then deemed an Accumulation stage. From there, it went into Uptrend that took price from 2.00 to topping out at around 46.00 The uptrend came to an end Nov.’21. Since end of Uptrend, price has entered a sideways range seeing price make a series of Lower Highs into Support area at 16.35. We now have a Descending Triangle pattern. These Lower highs display the strength of the seller pressure preventing price from making a higher high. Support area of 16.35 is getting weaker with every touch and with the seller pressure getting stronger, price should break thru support shortly. You don’t find too many stocks that haven’t entered a downtrend or given up some of the “covid gains” by now. In terms of trend trading, HTZ looks like a tree that has come to full fruition, but it has yet to be harvested. I typically would not enter a trade this close to support level but closer to the resistance trendline created by lower high. However, the support area at around 16.35 has been weaken and the seller pressure is getting stronger and Support should be broken soon. For this reason, I will be entering trade short now. Entering trade short Entry: 17.58 Stop loss: 23.00 (-30.83%) Target: 7.50, +57.34%, 1.86 RR ratio Shortby rudchartsUpdated 1
HTZ- BEARISH SCENARIOHertz Global Holdings, Inc. (HTZ) is expected to report a year-over-year decline in earnings on higher revenues for the quarter ending June 2023. Analysts predict quarterly earnings of $0.66 per share, representing a decrease of 45.9% from the previous year. Revenues are expected to be $2.46 billion, up 4.8% from the same period last year. Analysts have revised the EPS estimate slightly higher in the last 30 days, indicating a reassessment of initial estimates by covering analysts. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Shortby legacyFXofficial1
HERTZ Stock Chart Fibonacci Analysis 0312231) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 17.2/61.80%by fibonacci61800
HTZ | Start the Engines | BounceHertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments, Americas Rental Car and International Rental Car. The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida.Longby DivergenceSeeker0
HTZ 01/20 15PSee the weekly chart, developed a huge bearish triangle pattern, attempted key support level 16 multiple times. If recession is coming and interest rate remined high, ppl will not rent cars for vacation. Plus HTZ fundamental is weakShortby ericflushboys0
$HTZ earnings 10/27 bmo. Unusual 11/18 22.50 call volume.It will be interesting to see what happens to CAR and HTZ over the next month. Stock price went up with the post-Covid travel boom and used car price increases, but that bubble has burst. Technically, price has been rangebound for the year, between the yellow dashed lines. Gray ovals mark gaps in price. Moving averages lean bearish by their order, yet there is no directional trend yet. Lower indicators hint at a possible down turn. RSI(14) recently dipped below 30 so I will look for it to stay under 65 and turn down; this would fit with the 200ma holding as resistance to price. Stochastic is already high and, based on history, should turn down; the caution, however, is that price could stay between the yellow lines instead of making a significant move. This Barchart article highlights over 5k volume yesterday in the 11/18 22.50 call, and it also offers reasons for stock price to decline. www.barchart.com Maybe there is a catalyst that will boost the stock price after earnings. Maybe this volume was call selling because the strike is over the dashed line; it would be a good pick for collecting premium if stock drops after earnings. Short float is under 8%. Volume is light, so while I am watching this for a good study, I will only place a trade if I find a contract that is worth my capital.by OptionsRising1
HTZ Long Idea WC 27th JuneHertz has been moving sideways really since February. Holding up well in overall bearish conditions. Now showing bullish divergence indicating that momentum could be about to turn. There is horizontal support around the $15 mark, making this a lovely risk to reward play. There is resistance around the $20 and $24 mark but this has plenty of range for a longer term play. Keep it on your watchlist for the break above $20.Longby Just_Jacqs0
Last ChanceDifferent position now than a year or two ago Inflation driving their portfolio up. More people are driving and need cars, automakers are slowing on car making with oil, driving up the price of normal cars for now until the switch to EV's is more underway Also commitment to higher market and TaaS (transportation as as ervice) and are partnering with TSLA by committing to buy a lot of TSLA'sLongby antifragilemachineUpdated 220
$HTZ headed to the single digits. The chart pretty much speaks for itself. Hertz looks like garbage. Just rejected a key resistance and is about to head much lower. First stop $10, then like $7, and we'll see how low it goes once it's done dropping.Shortby benjihyam550
HTZ converging to melt up before earningsSupports and resistances are converging Blow out holiday rental season due to bad weather should ensure the right supply / demand characteristics to help boost this company at a much needed time. Hopefully the extra cash helps them in their purchasing of the TSLA fleet TSLA is already committing to order fulfillment at this time rather than introducing new models.Longby antifragilemachine0
Hertz Global Holdings dropping.We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!Shortby Rykin_CapitalUpdated 0
Hertz Announces $2.0 Billion Share Repurchase Program!!!HTZ: Hertz Global Holdings, Inc. 2021-11-29 08:18:00 Hertz Announces $2.0 Billion Share Repurchase ProgramLongby JetEquities1
$HTZ longhammer candlestick + created a support trend line (short term) think it can see 26-27, whether it breaks or not dependant upon the participants, risk below trend line target at/near supply areaLongby takinprofitssUpdated 1
Hertz Ponzied - Gap Down Sell Off - Avoid the FOMOMeme stonks are about to collapse with crypto. Valuation matters. Rising rates US5Y new multi year highs. Finally. That's great for small cap gems. Crypto & Meme Stonks to #cannabisreform States Reform Act - Today 2pm ET $KERN has the Compliance Data SOFTWARE. #thegem how to #valueinvesting #investingnftsShortby EpicEconomics1
Hertz Stock Potential IdeasIf price breaks the weekly resistance zone in blue, price could continue up to the $10 level, before giving a retracement. Long term getting to the $11-$13 range before toping out at the $20 range. If price breaks below the $6.80-$6.50 level and breaks the up trend line, we could see a deeper retracement, before moving back up to top out at the $10 level. If price breaks below the A boundary, we could see price move lower. * this is not taking in to account any bankruptcy news. This news will expedite any of these scenarios.* * If the bankruptcy news is positive we could see that break of the weekly resistance zone.* * If the bankruptcy news is negative, then we will see a break to the downside and the A boundary will be broken.*Longby TheForexTraderoom0
HTZGQ To the moon !!We finally manage to break above this whole craziness. And it looks like we have clear skies. Only concern is earnings coming.Longby HouseOfTrades229
HTZGQ Swing off vwap Our swing play is working out so far. We're almost 50% of the way there!Longby Derrick_Washington1
HTZGQ - Hertz is looking good!There is lots to love about this company, I am very bullish because I believe in it. I travel a lot and their presence around the world cannot be ignored. Also whenever I book hotels or flights, I'm always prompted to book with Hertz. This one will emerge stronger and better than ever. It's just my opinion, cheers!Longby TTECH220