Sunday, January 3, 2010


DTG, HTZ and CAR: These rental car stocks had huge gains in 2009. DTG went from 60 CENTS to 27 dollars and CAR went from 34 CENTS to 14 dollars in 2009. It looks like they have started to rollover. There should be some profit taking next week IMO.

DTG chart looks like a double top to me. The 26-27 area also acted as a huge resistance for DTG in 2002-2004.

CAR also looks like a double top. 14-15 area is a resistance zone as well.

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