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Hertz Global Holdings, IncHertz Global Holdings, IncHertz Global Holdings, Inc

Hertz Global Holdings, Inc

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HTZ trade ideas

HERTZ Stock Chart Fibonacci Analysis 010525Trading idea - Entry point > 3.7/61.80% 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 3.7/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% Resistance C) 61.80% Support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:HTZ
by fibonacci6180
Hertz on a Long-Term RideHertz (HTZ) is showing strong bullish momentum, with a gap forming around the $3.50 level. Historically, Hertz has bottomed at these low levels multiple times, including during the 2009 financial crisis and the COVID-19 era, reinforcing the significance of this support. A break above the $6.95 resistance would signal further strength, positioning the stock to aim for the long-term target at the $27.10 gap resistance. This setup presents an attractive risk-to-reward ratio, with downside risk managed through a stop-loss at $1.93. As a major player in the global rental car market, Hertz is poised to benefit from the rising demand for rental and shared mobility services. With an expanding fleet that includes electric vehicles and partnerships focused on sustainability, Hertz aligns with evolving market trends, bolstering its long-term growth potential. This combination of technical momentum, historical support, and strategic positioning makes $27.10 a feasible target for long-term investors looking for growth. NASDAQ:HTZ
NASDAQ:HTZLong
by The_Trading_Mechanic
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
NASDAQ:HTZShort
by rudcharts