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Hof17

Avis Budget Group ST overbought, LT break out R/R = 5

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Avis Budget Group, Inc. (NASDAQ:CAR)  
Hof17  
NASDAQ:CAR   Avis Budget Group, Inc.
CAR avis budget overbought breakout uptrend riskreward
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car avis budget overbought breakout uptrend riskreward
In the last 12 months, #CAR (Avis Budget Group) has lost more than half of its value.
Since Jan 2016, the stock has ranged between 22 - 30 USD. Now the stock touched the 30 USD upper price level after it has increased with 25% in the last two weeks.

Time for a short pull back before continuing the uptrend.

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