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Analysis: #NYSE $HTZ

Case 324 #Hertz Global Holdings Inc.

Special Request: @FrankGee305

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#HTZ 1/3
Chart 1
Monthly Chart: The break/close below long term #confluence of trendline and pivot supports at 9.89/71 eventually found support on the 2011 trendline - pipping temporarily by 0.20 cents. The trend has now turned mildly #bullish as day traders piled in off the lows

HTZ 2/3
Chart 2
Daily Chart: The SMA 20 underpins the upside but price is attempting to hold above the #pivot at 3.38. Resistances higher up are very formidable beginning with the broken #trendline and pivot supports now turned resistance

The #Strategy is printed on the image.

$HTZ 3/3
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