CAR - Want to Play the Game?Avis Budget Group, Inc.BATS:CARVIAQUANTLiterally yesterday I made a post when CAR was trading at $730 outlining how a top formation looked like it was in the process of forming. That idea can be viewed here: Just 24 hours later, CAR is trading at $250, a 70% decline from yesterday's high. Now we get to the fun speculation part of where this stock could see a major bounce. I still fully stand by my hypothesis that CAR will be trading back at $100 or lower soon, but nothing goes down in a straight line and there will be significant bounces along the way. This post is meant to identify some of those levels in advance where we might see the selling algorithms turn off to wipe out late shorts. The first thing to notice are the two green boxes I have outlined on the chart. Between and inside these boxes is likely where price will chop for a while before the true lows are reached. The upper green box sits roughly between $240 and $320, and the lower green box sits roughly between $130 and $160. I also have a middle box outlined in neon green. This is the most likely spot for a major bounce or where the selling algorithms may pause. That box sits around $200 to $212. In addition to that I have two Fibonacci levels outlined. The 0.236 at $240 and the 0.786 at $225. What is interesting is the 0.236 aligns perfectly with the bottom of the upper green box, giving that level added confluence. Of course this asset is extremely volatile at this point in time, but if you are looking to play the game, watch how price reacts at any of the levels that I outlined in this idea.