Hard to follow this map. I mapped HOG few months ago. Could see a recovery...waiting for a good candle pattern. I have 42.5 the lowest p/E price. Best,trade at your own risk!
This educational chart shows HOG may be ready for a long position. 1) There is a double bottom. 2) It is well below the 50, 100 and 200 Averages. 3) It is traversing the Bollinger and departing from the lower boundary. 4) The MACD histogram has transitioned to weakness signaling a buy. 5) The MACD signal is about to cross over and go green. 6) The PSAR is very...
There is a nice breakout 200MA(strongest one) and also resistance level, making the possible pullback to the 52.00. Also candlesticks look like inverted hammer which supports upper movement. Position to enter after a nice bullish candle with potential target zone 56.00 I will update this one on coming days -Murod
HOG has formed a bearish butterfly pattern with really good measurements, but the pattern isn't showing much divergence and price action busted through some of the confirmation levels prior to forming. It could be a nice little January put play though...
Per HOG monthly chart, PA has been in a bearish trend, on chart is 30 % TREND ANGLE line (blue line) in which price should stay above if bullish trend will continue. Also, per fib. retractment indicator 50% level is at $40.00 to $41.00 area. On shorter time frames, will be going short/selling until that area. This is my opinion.
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.
Harley-Davidson has formed double bottom chart pattern as we can see on the chart. This stock broke the neckline successfully as mentioned on the chart.
www.bloomberg.com
I think hog could slingshot back here earnings beat posted nr7 on expanding lower bb at support level previous gaps heighten my interest as it gapped up making new 52 week highs testing historical monthly resistance before the 50ma gap break down before earnings. swing points don't look messy we could make new highs again above $64 with buy signal on oversold...
Stock bounced at a very strong support line. The candle of today was very strong as you can. The stock also bounced at the 200 MA so that brings more strength to the bouce. The stock was very strong on the bearish side last friday and yesterday it also showed some strength on the bearish side so before today the bears had complete control and power over the...
This morning as I was running through my trend following screener, I found Harley Davidson. What I saw was not good. After reporting an extremely disappointing earnings seasons, HOG started its downfall yesterday. It's interesting because for the first time I'm shorting a company that emotionally I like. This is a good learning lesson. It is helping me remove...
HOG was running within an upward channel formation, which broken just recently. We think with the falling oil price it will decline further. According to Upward channel breakdown we got target or $45.33. To play this we would consider $55 Aug-17 puts * Trade Criteria * Date first found- April 20, 2017 Pattern/Why- Upward channel breakdown, Falling Oil price ...
strong uptrend ... buy after nice trigger for example a big bullish candle on daily or lower time frame