HTZ - Trend breakout Long from $22.40 to 25.93 & higher
Updated
HTZ does appear to be in a short term breakout mode. It seem breaking out a down trend line in increasing volume after a huge decline. It had good insider buying back in November at $27. We think it can go up to $28
* Trade Criteria *
Date first found- March 16, 2017
Pattern/Why- Trend Line breakout Long
Entry Target Criteria- Pull back to $22.40
Exit Target Criteria- $25.93 & Momentum
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- March 16, 2017
Pattern/Why- Trend Line breakout Long
Entry Target Criteria- Pull back to $22.40
Exit Target Criteria- $25.93 & Momentum
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
March 17th - Pulled back to entry criteria, but closed further down below. Now waiting for a breakout.Note
March 20th - Declined further and closed below MA50. Putting a stoploss at $20.63 to prevent big loss.Trade closed: stop reached
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