possible entry for a day trade @ $1.45

lets watch $1.70 - 1.80 zone breaking that level might take it to $1.45 which could be a good entry point for a fast trade to $1.70 again.
please remember that: this company is already filed for chapter 11 bankruptcy protection. be careful, I'm talking about the chart only.

Please note: just sharing my view. its not a recommendation for buying or selling.

Nota

could not rebound from here, that's a bearish sign, this shit might go back to $0.8 soon. watch out guys. if you wanna trade it, please trade it with a tight stop loss. ( FYI: i have no position in HTZ now, just trying to help)

MrMercato

“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone

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MrMercato

“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone