Massive move after Ackman’s 20% stake news sent 
HTZ flying over +100%. Price filled the gap and looks ready to retest the previous resistance zone near $9 (marked).
I’m staying cautious into May 12 earnings (after market). Historically, Hertz tends to fade post-earnings. Safer to wait for the dust to settle.
Potential setup:
Entry: Watch for a breakout + retest of $7.20–$7.50
First target: $9 zone
Risk level: Below $5.50 (invalidates setup)
Confidence: Medium (depends on post-earnings reaction)
RSI recovering from neutral, but no FOMO here. Patience wins. I’ll update if conditions change.
HTZ flying over +100%. Price filled the gap and looks ready to retest the previous resistance zone near $9 (marked).I’m staying cautious into May 12 earnings (after market). Historically, Hertz tends to fade post-earnings. Safer to wait for the dust to settle.
Potential setup:
Entry: Watch for a breakout + retest of $7.20–$7.50
First target: $9 zone
Risk level: Below $5.50 (invalidates setup)
Confidence: Medium (depends on post-earnings reaction)
RSI recovering from neutral, but no FOMO here. Patience wins. I’ll update if conditions change.
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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.