Tag Archives: HTZ

Added more HTZ @ 21.92

Adding to my first position in 2017. Bought more HTZ on Thursday 1/12/17 @ 21.92 (see blue arrow) and have an average price of 22.26. Based on the opening price from 11/8/16 and December lows, there looks to be some support at 21. If it breaks below this level, cutting my losses and moving on. Targeting 24.50-25 to take profits, which represented support in mid to late November and a bit of resistance the first week in January. I believe the reward to risk ratio is in my favor at this point, risking about 1.30 to make 2.50. Let’s see how it plays out.

Stock HTZ

Long HTZ

Added HTZ to watch on 1/3/17 (blue arrow) with a bullish candlestick pattern, oversold stochastic and ascending volume. Was looking for continuation on 1/4/17 and bought HTZ at 22.82 shortly after it broke through the 1/3/17 high of 22.68. From here, using December lows as a stop and will consider buying more if it dips down to the 21.80 area. Targeting around 25 to take profits.