HRI trade ideas

Bixley

Double Top Formations Interesting structures with the descending megaphones I expect downward movement as a result of the double top

TaPlot

Setting up a bull flag long trade setup after a 78% rally. Would like to see the stock spend few more days around the $100 level to build up a bit more energy before moving higher. Herc Holdings Inc (HRI)- PROVIDES EQUIPMENT RENTAL AT 277 LOCATIONS PRINCIPALLY IN NORTH AMERICA.

leJONdary

CONTINUATION: DB50 - TYPE A

GoranTrader

Reasons I bought 1. Currently bouncing off of a weekly support level which is also respected multiple times in the daily timeframe. 2. Zacks rank: 1 strong buy 3. Also bouncing off 50 sma 4. Solid risk reward ratio about 1:4 or more

Bobdinski

Flat double zig-zag looking to launch this back into 50+ share territory. Look to go long at break of 50 using the Elliot structure as your guide you.