Tuesday, November 2, 2021

another short squeeze | Avis Budget Group Inc.

In short squeeze land, Avis is the latest

Avis Budget Group Inc. (CAR) is the latest short squeeze in the on going short squeeze movie. Using our regular trendfollowing indicator, a 200 day relative strength moving average vs. The S&P 500 Index (SPX), Avis is trading 256% over the indicator.  Stock chart below:

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Avis Budget Group Inc. (CAR)

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