I feel elliot waves are most applicable in volatile trading - given Hertz has been given till the 21st to restructure their debt, I'm going to try and get in below the price point of 3.30 a share.
- 25% exit at the first
- 50% exit at the second
- 25% at the third
Comment:
Update - Stake is 318 Shares avg price entry is: 3.149 Preparing additional entry around 2.60.
Trade active:
Stake is now 631 Shares- a conservative profit target of 4.88/share.