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u/Gamma_Gains 1 day ago Discussion

HTZ doubled from 1.45 to 2.96 in two weeks and now it's sitting right on support. What's next?

Chart on the 4H shows a clean move: base at 1.45, ripped to 2.96, now pulling back and hovering around 2.145 which looks like the key level to watch. Volume was heavy on the way up, multiple B signals triggered through the move. Now volume is drying up on the pullback which is either consolidation before another leg or distribution before it rolls over. HTZ is a tricky one given the bankruptcy history and low price. These kinds of moves can reverse just as fast as they came. Holding the 2.145 line or fading back toward 1.60?
5 comments held Reddit says 0 on reddit ↗
  1. u/renegade2111 1 1 day ago
    It was 7$ less than 4 months ago, HODL
  2. u/Inappro-Assistant 1 1 day ago
    It will just stay flat...
  3. u/[deleted] 1 1 day ago

    [removed] — already gone when the archive first saw it

  4. u/Ok-Race-1677 1 1 day ago
    Next comes the bag holding phase
  5. u/jgreddit2019 1 20 hours ago
    Baggies got to load up moar first. Same crime. Dont mess with success.