It 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.
Gareth Neary
2025-04-18 20:28:58 +0000 UTCAlex
2025-04-17 17:35:26 +0000 UTC