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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