Get started

Harley

Harley is having a spring sale HOG LONG ?The chart shows HOG to have reversed above its intermediate-term support. Price is just below the near-term POC line of the volume profile and 30 % below the intermediate-term POC line where increased volatility could result in a rejection bounce or alternatively a push higher into the low-volume area above. The zero-lag MACD shows the lines crossed under the histogram and crossed over the zero line. The Bolliger Bands indicator shows a buy signal with a price near to the lower band. Overall, this is a good place to take a long swing trade of stock or even a call option of 4 weeks duration mindful that it might be strategic to "ride" the anticipation of earnings on April 25th but close out the option contract or stock position a few days before the earnings report. For the stock trade, stop loss and target are drawn onto the chart.
NYSE:HOGLong
by AwesomeAvani
The Price Will GO UP despite Harley-Davidson’s Poor PerformanceHey, Monfex traders! So Much For Free Trade… US President Donald Trump is at it again, this time threatening to impose punitive tariffs on the European Union because of...a motorcycle company? Trump, who had earlier advocated for a boycott of Harley-Davidson , seems to have forgotten all his previous criticisms amid a 27% drop in the company’s Q1 earnings. Instead, he tweeted that due to a 31% tariff on Harley-Davidson in the EU, the US will ‘reciprocate.’ But Is That True? Sort of! While revenue did fall by 26.8%, earnings per share actually beat analysts expectations significantly, 98 cents per share vs 65 cents forecast. Will The Tariffs hurt? Well, it’s always hard to tell whether or not any given Trump tweet is going to be reflected in policy, but the US President has not shied away from starting trade wars with major partners, such as China, which has endured no less than three separate rounds of tariffs. However, the chief of the World Trade Organization has stated that, as a result, global trade is facing its worst crisis since 1947. Harley Davidson’s future still looks bleak despite the above-average earnings numbers, with the company saying that it has struggled to attract younger buyers to the brand. It’s launched a new series of electric motorcycles, and opened new motorcycle schools across the US in response to this decline. Wut We Think: With Harley’s share price taking a 2% dive since its earnings report , it’s hard to see how tariffs will have a strong impact, even if they’re implemented. After all, the fundamentals still remain, and millenials, already struggling with the burdens of high college loans and souring on private transport, will likely not become major Harley fans overnight. It’s worth keeping an eye on their electric motorcycle program, but there’s a good chance that Harley is looking at rougher waters ahead. If you like this analysis and would like to receive future updates - Please, follow me on TradingView! If you follow me, I guarantee you will receive timely updates to this trading strategy in the future, including all new trading signals. If you agree, please, Like this Idea - This would be the best feedback and encouragement for me! To your trading success, Monfex! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Consequently, any person acting on it does so entirely at their own risk.
NYSE:HOGLong
by Monfex
HOG-Looking good for an entryThis 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 tight. 7) The drop was due to poor earnings and compounded by the drop in the Dow. 8) The lower Bollinger Band is subtly signaling an uptick that corresponds with an early hook v formation that resulted in a small uptick. 1) Entry is now (46.78) 2) SL is 43.23 3) T1 is 48.67 SL to Break Even 4) T2 is 50.23 SL to 47.00 5) T3 is 52.73 SL to 50 That is my plan. I placed calls on this today. Assess the situation and trade according to your plans. Any actions from this chart are done at your own risk and this is not financial advice.
NYSE:HOGLong
by ramonbenavides12