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SLOPolarBear

Harley Davidson - Tuesday Morning - Rev Your Engines (30m chart)

Long
Harley-Davidson, Inc. (NYSE:HOG)  
SLOPolarBear Updated   
NYSE:HOG   Harley-Davidson, Inc.
Chart Patterns Technical Indicators
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chartpattern indicator
Some of the shareholders didn't like the last earnings report it seems. But the price action after the gap down didn't scream SELL. Buyers swooped in to BUY up the discounted shares. Nice flag pole w/bull flag printing on the 30m chart. Would not be surprised to see a gap up above it on Tuesday morning, but if not, I'll be playing this for a quick profit.
Comment:
Holding inside the bull flag, but not liking the way price action is hugging the bottom of the flag. Expecting this one to break below tomorrow AM.
Comment:
Price action is hitting resistance on the 30m 200 MA.
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