$HTZ is on my watchlist now, it has been beaten up after canceling its program to use $TSLA vehicles and I believe one of their C - suite level directors has been sacked due to this decision.
But the fact remains that this is still undervalued, with a P/S of 0.11 and a PE of 4.
We can see that this is part of a long wedge right now and is not testing the breakout level yet but it is getting tight.
A break above the 50 Day MA and the trend line at $8 and this would have my attention, so I am watching this closely now.
Clint M
2024-03-21 14:27:53 +0000 UTC