- Entry
- $8.30
- Final
- $7.44 -10.4%
- Target
- —
- Score
- +1.00
For anyone who wasn't watching the HTZ pump from last week, Bill Ackman announced a stake in Hertz and the stock went parabolic. Fundamentally, this junk stock is shooting up despite losing money and showing no material signs of a turn around. But HTZ isn't trading on fundamentals, not yet at least. Right now I'm just watching the 50, 100, and 200 SMA lines. Since the Ackman pump, HTZ has been bouncing hard whenever price is about to fall below …
— ORIGINAL POST ·
HTZ Pump Losing Momentum
· r/wallstreetbets
· Apr 26, 2025