Long HOG above 40.87

ownsov Updated   
NYSE:HOG   Harley-Davidson, Inc.
HOG just broke the latest daily fractal of 39.14 to the upside. Entry 1 above this price. Adding 5 when and if price goes above the weekly fractal of 40.87.

Remember that the Alligator tells us when to enter and exit. Stop loss is the Alligator's Teeth (red line). It is also the last exit point when the trend ends. First exit may be the lowest low of the fifth consecutive green bar (zone bar).

Chart shows only last short position, which was closed and reversed to the upside.
Trade closed: stop reached:
Closed today for a small loss. Price went abruptly down and closed below the teeth.

HOG is still attractive, to either long or short positions but onyl after a fractal is crossed on the daily chart. Weekly Alligator is also sleeping so this shows potential.


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