Wolverine
Long

HOG Time to Fill the Gap with Multiple ABCD Patterns

NYSE:HOG   HARLEY DAVIDSON INC
2 Buy Zones Based off of Multiple ABCD Patterns.
Steep Gap off of Earnings might take it to the 1.272/1.618 Extension Double Bottom Zone which is the safer play
or
Present position is still high probability with multiple ABCDs with extensions lining up in a tight zone. Wait to see a bounce and then hit a 618 retracement of any small move up.

Going long at the moment with a 3% stop and shooting for only the 318 retracement which hits previous support would give you a 1:1.8 R:R. Not the best trade but gaps like to be filled at some point and HOG got beaten today.

Waiting for the safer Double Bottom play would be a no brainer low risk IMO
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out