Long
HTZ: long 13.5-13.8 / stop 11.3 / take 22-27
NYSE:HTZ
Speculative trade: BUY 13.5-13.8 / STOP 11.3 / TAKE 22 and 27
The stock has been trading in a range for two years, above level 13.
After a breakdown below 13, the stock was supported by buyers and returned back to the balance above level 13, forming a false breakdown.
Considering the technical picture of the stock, there is a high probability that the price will go higher to levels 22 and further to 27.
P.S. financial performance of the company is not very good, the probability of long-term growth is not high.
Speculative trade: BUY 13.5-13.8 / STOP 11.3 / TAKE 22 and 27
The stock has been trading in a range for two years, above level 13.
After a breakdown below 13, the stock was supported by buyers and returned back to the balance above level 13, forming a false breakdown.
Considering the technical picture of the stock, there is a high probability that the price will go higher to levels 22 and further to 27.
P.S. financial performance of the company is not very good, the probability of long-term growth is not high.
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