On August 13th, I opened a small position with NYSE:HTZ basing my decision on the following factors:
The price reached the 13.23 level, which was tested several times, and it served as a support.
The RSI indicator was reaching its oversold level of 35.14
Formation of the daily Doji candle. Such a candle at the end of the bearish trend was indicating about...
Price is trending towards a well established bottom support with MFI (20) indicating oversold. Potential 50% return by the end of the year, depending on earnings . Look for multiple strong bullish candles crossing the 9MA line.
* Please do your own homework and your own analysis. This is only for my own personal journaling/data collection/ forward testing purposes only.
Perf Week: -.81%
Perf Month: 19.59%
Perf YTD: 35.01%
Rejected Range Bottom/Demand Zone
Above SMA: 20+50
Need to fill last major gap down
Cons: Back at daily window gap zone.
The options market are implying a move of 13% on earnings tomorrow, been on the wrong side of that move would definitely hurt. We will be taking a small long into earnings as we believe a surpirse may be on the cards, the chart also has become more bullish lately after forming a double bottom.
Hertz Global Holdings, Inc. provides car...
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.
Mon 14.Jan.2019 ( 11:26 UTC+3)
LAST= 16.12 00
HERTZ GLOBAL HOLDINGS INC movement during the last few days showed a Bullish move, with a recent high price seen on Fri 11.Jan.2019 at 16.17.
The view for the next few days is expected to continue to be between 16.50 - 15.80. But as of now, as long as the price is trading Below 16.25, its...
If this pattern continues there is a strong possibility for a major upside, standing by for confirmation on the 180 EMA. If this does confirm bullish all the way to 19.20 more would be great, but with great reward comes great risk. uc.
Write sometning about your psyhology thinking before trade? feel some illnes
Describe the trade. What you see? there is a megaphone and I will plan inside megaphone from support to resistance
What have I done well for this trade? Good gess that price will go up, because of the support line
What can I take away to help with later trades? the stop loss was to...