HTZ Long Idea WC 27th June

Hertz has been moving sideways really since February. Holding up well in overall bearish conditions. Now showing bullish divergence indicating that momentum could be about to turn. There is horizontal support around the $15 mark, making this a lovely risk to reward play. There is resistance around the $20 and $24 mark but this has plenty of range for a longer term play. Keep it on your watchlist for the break above $20.
Bullish DivergenceChart PatternshertzrangeTrend Analysis

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