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Trade Idea – Mon, Nov 2, 2015 (HTZ)

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.
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