Shares of Dollar Thrifty Automotive Group DTG are on the rise today, currently higher by 1.09% to $49.96 as the overall market falls hard. Bulls are betting on more upside in the name as well with the June $50 call strike purchased on the offer over 2,500 times for an average price of $3.05.
Dollar Thrifty Automotive Group exhibits all the signs of a bull stock. It is well above the 50-day and 200-day moving averages and looks like it is going to break upwards, through the $50 resistance level now.
Get long this stock; it is an obvious choice in a tough market. Just look at today’s performance.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in