Watching Avis Budget Group for a long setup at a Pivot Level.
(CAR) was on my IBD list of strong fundamental stocks. It's in a strong uptrend and currently pulling back to the $61.95 Pivot level. Once there I'm watching for clear price action showing that the level is being rejected and momentum is building to the upside.
* On September 16th CAR gave an entry trigger with the strong up day closing in the upper range after a gap below support.
* 9-22-2014 Stopped out at $61.75 today for a small loss.
* On September 16th CAR gave an entry trigger with the strong up day closing in the upper range after a gap below support.
* 9-22-2014 Stopped out at $61.75 today for a small loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.