Hertz Global Holdings, Inc. (HTZ) – after a strong bounce from yearly lows around 16 area in early October, the stock is consolidating last 3 weeks in a bullish pennant pattern right below 200 Day Moving Average. Break of resistance at 19.80 area could lead to a new up wave toward 21 on the short term. Initial stop below 20SMA.
Sinisa Persic, CMT TraderHR
