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Ron-V

Will Avis give us a repeat earnings performance on Monday?

Long
Avis Budget Group, Inc. (NASDAQ:CAR)  
Ron-V  
NASDAQ:CAR   Avis Budget Group, Inc.
Trend Analysis Chart Patterns Beyond Technical Analysis
3
2
trendanalysis chartpattern beyondta

This setup looks like the last earnings setup. Given the current price, the resistance line being about the same as the previous earnings rise, the trend line (only broken by a news event), and an expected surprise by Zacks (Zacks Rating of1); a repeat scenario appears likely on Monday in spite of the current downtrend. Keep in mind this earnings season hasn't been very exciting so far....nevertheless!

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