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Xafada
May 12, 2016 5:14 AM

SCT with 50DMA loss suggest $40 is achievable Short

Harley-Davidson, Inc.NYSE

Description

You can make all excuses for your trade plan in order to get what you want to but as the old saying "You may not understand it fully right now but the market is always right." The sector is weak, and only gets weaker so will all companies that sector or industry. Recent HOG faced the hard wall to crack n noted that price will reverse from there, now the question is will it hold next major support $44.50 level..it's more unlikely but try and have your stop loss very tight $47.5 area or even $49 recent swing high with target price $40. Try us 2waytrading.com
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