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HTZ - Hertz Global Holdings

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, May 9, 2016.

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  1. Rock Sexton

    Rock Sexton Meat Popsicle

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    In this post I discussed the massive stop volume candle back in November 2016 that occurred with elevated volume (sell climax).

    #1 = The volume that occurred there for that week was a sell climax and the most in the history of this chart. If it's a worthwhile investment, institutional "smart money" will use the panic to set up long positions without moving price up against their orders. Icahn is averaged at $23.83 -----> what does that tell you about "when" he most likely started buying? Getting the picture yet?

    So I finally took it upon myself to look back at when Icahn bought his shares ....... sure enough in November. ;) ...... just more further proof that the pro's use panic to fill their large buy orders without moving price against them.

    IcahnHTZ.JPG
    https://finviz.com/quote.ashx?t=htz
     
    #41 Rock Sexton, Sep 7, 2017
    Last edited: Sep 7, 2017
  2. Jack Levy

    Jack Levy Well-Known Member

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    I just have this feeling we blast through $25 it's all manipulation in this stock crazy.
     
    Charles Noble and fidelgeorge like this.
  3. Rock Sexton

    Rock Sexton Meat Popsicle

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    It's consolidating and digesting gains. Completely normal after something has moved about 145% this year and 30% with each leg up.
     
  4. StockJock-e

    StockJock-e Brew Master
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    Its been a great year for longs!
     
  5. Unicorn Dreams

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    The chart looks incredibly technical to me, cup and handle with a perfect 50 percent retracement. Followed with retests of previous handle resistance turned into support. Can't ask for a smoother break and ride than that, glassiest setup I"ve seen this year...
     
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  6. StockJock-e

    StockJock-e Brew Master
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    Love your username, but your avatar freaks me out. Good mix of emotions :p
     
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  7. Rock Sexton

    Rock Sexton Meat Popsicle

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    Almost there.

    Hit a high of $26.89. The POC at 27.30 I detailed in previous charts is coming up quickly.

    HTZudpate.JPG
     
    fireopal likes this.
  8. hollyhunter

    hollyhunter Member

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    The share price is up 20.55% year to date. Chart still looks solid. On watch for clear above 26.89.
     
  9. Rock Sexton

    Rock Sexton Meat Popsicle

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    High of 27.27 today. Target basically acquired.

    This was a simple mean reversion trade after price jumped back inside of last year's bell curve.

    Thank you HTZ.
     
    #49 Rock Sexton, Oct 11, 2017
    Last edited: Oct 11, 2017
    T0rm3nted likes this.
  10. T0rm3nted

    T0rm3nted Moderator
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    Well done and great call.
     
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  11. StockJock-e

    StockJock-e Brew Master
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    Very well done!
     
    Rock Sexton likes this.
  12. Rock Sexton

    Rock Sexton Meat Popsicle

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    Thanks man ..... was basically a 50% move in a couple of months. Was enough to move my entire portfolio up 18.5% in 2017.

    As I've pointed out in charts prior to this - there is a major stop volume candle playing out on the weekly chart in November 2016 representing a sh*t ton of seller absorption (which Icahn bought most of his 17% stake). When it hit last year's POC at $$27.30 there was only light supply as you can see by the volume in the chart. Normally that's an area where sellers can be very motivated to get short again ........ but they didn't here.

    Something tells me longs are still staying strong and awaiting earnings. If you look closely you can see an inverse H&S pattern in there with a neck to head measurement around 14pts. If earnings are good on 11/7/2017 this chart will pop in similar fashion.

    HTZudpate3.JPG
     
    #52 Rock Sexton, Oct 14, 2017
    Last edited: Oct 14, 2017
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  13. StockJock-e

    StockJock-e Brew Master
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    Bouncing back after touching $20 support
     
  14. Vdubman

    Vdubman Active Member

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  15. Syynik

    Syynik Active Member

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  16. T0rm3nted

    T0rm3nted Moderator
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    Syynik likes this.
  17. Vdubman

    Vdubman Active Member

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    Not much to vote for when they enter CH11 and the execs jump ship.
     
  18. T0rm3nted

    T0rm3nted Moderator
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    I meant more along the lines of it should be illegal, gotta elect people into office that don't allow wall street corruption.
     
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  19. Syynik

    Syynik Active Member

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    On a related note, I wanted AVIS two, three weeks ago but hesitated.
     
  20. greenbelt

    greenbelt New Member

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    Hi, where is it that the insider is buying 400k of shares .....i didnt see it
     

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