The Long Investor
patreon
$HTZ
🕑 Added 2025-04-17 12:58:03 +0000 UTCIt has been revealed that Bill Ackman has started a sizeable position in $HTZ and the share price has jumped +56% yesterday and up another +25% in the PM today.
It my last update of this chart I showed that a break above the 50 WMA and there is a route back to the 200 WMA at $13.....Bill clearly saw the same and appreciates how strong their brand is.
There is a breakout above the 50 WMA now and there is very little resistance above and a short squeeze may cause this to route quickly to $13 next.
Comments
Gareth Neary
Brand is still strong and they are weathering the storm
Alex
Can we conclude that the fundamental data is poor and the stock is only being pushed by Ackman news?
