Both Options A and B are possible (one it is based on the Technical analysis - Channel line and one on the gap between the two similar market - the gap sooner or later should be closed)
Hertz is still on the edge of bankruptcy, we need to wait to understand the future of Hertz
AVIS seems that will be able to pass through the crisis:
That $750 million borrowed on top of the $1.6 billion in cash Avis had leading into the crisis, giving it leeway to survive the year even at a projected burn rate of $200 million a month.
Hertz is still on the edge of bankruptcy, we need to wait to understand the future of Hertz
AVIS seems that will be able to pass through the crisis:
That $750 million borrowed on top of the $1.6 billion in cash Avis had leading into the crisis, giving it leeway to survive the year even at a projected burn rate of $200 million a month.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.