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MeasuredMove
Jul 19, 2017 6:40 PM

Continued downside for HOG Short

Harley-Davidson, Inc.NYSE

Description

HOG gapped down hard on earnings and rushed to fill ~50% of the gap. I am buying puts here looking for continued selling down to the 45 area. Full target is 45. I expect to take some profits and close half my position near our most recent lows - 46.50 area.

Trade closed: stop reached

Closed for a lose. Rumors of HOG and TSLA partnership caused a major short squeeze above my levels. I will monitor for possible re-entry.
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