NYSE:WBS
Fake breakdown of the Level 44.
Nice opportunity for moving higher.
Speculative trade: Long 48.5, Stop 47, Take 51.5
Long term trade: Long 48.5, Stop 42.5, Take 58-68
NYSE:HTZ
Speculative trade: BUY 13.5-13.8 / STOP 11.3 / TAKE 22 and 27
The stock has been trading in a range for two years, above level 13.
After a breakdown below 13, the stock was supported by buyers and returned back to the balance above level 13, forming a false breakdown.
Considering the technical picture of the stock, there is a high probability that the...