HAPPENING NOW?! HERTZ CUP AND HANDLE BREAKOUT 1D CHART?

HERTZ (HTZ) Price rose significantly to $4.26 on the 1 Day chart. Is this a sign of an impending bullish breakout? My personal target opinion for bullish movement is $5.50. Will this be a major bullish turning point for Hertz? Or will it be a easy grab for traders running short positions?