Long

HTZ Bullish Divergence + Trendline Support

By parkitsideways
Updated
Looking for a short term upswing on HTZ using the PINK trendline as support. Momentum indicators show a short upside coming b/c of bullish divergence.
4H/1D charts look promising for a 10%+ play.

Plan is to cut beneath a close of the trendline.

I've already entered with half my desired position using shares bought at 13.61. I plan to add more if price action allows it.
Comment
Sell Volume outweighs buy volume heavily today. Be very careful with any entries today and keep an eye on this one.
Trade active
Added Shares at 13.70. Will cut if close below pink TL
Comment
Added more shares on the dip at 13.85. Keeping a close eye on this today
Comment
snapshot

big booty pattern near completion >:)
Trade closed manually
Came close enough to my PT. Took half profit yesterday, full profits today. GREAT SCALP
Comment
Similar set ups prior to earnings on HTZ and CAR, but opposite outcomes. Crazy stuff.
Trend Analysis

Disclaimer