HOG
Harley DavidsonThursday, 24 December 2020
11:33 AM (WIB)
Harley Davidson just breaks out from pressure to move down with three white soldiers yesterday, Wednesday 23 December 2020. It has reached 38.3 points from the previous 37.21 resistance. Since the structure pattern very clear between move up and down, I was curious to see what would happen next when the market opens. I'm expecting Harley Davidson to move lower in 8 hours periods. Although, three white soldiers movement success brings Harley Davidson to the middle lines of the channel, and the golden cross just gets my attention. Anyway, the big structure pattern for the Head formation should be complete in a few weeks or months. Just don't forget Harley Davidson successfully moving up with rising wedge formation from the death cross after 3 years under pressure from the downtrend.
So, for the long term and globally I expect Harley Davidson to grow higher and higher with a target of $100 and more.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Harley DavidsonFriday, 11 December 2020
05:44 AM (WIB)
Harley-Davidson Brings The World Together To Debut All-New 2021 Products In The H-D 2021 Global Digital Event.
MILWAUKEE, Dec. 9, 2020,/PRNewswire/ -- Throughout Harley-Davidson's (NYSE: HOG) 118-year history, the brand has never before brought the entire world together to experience the debut of all-new Harley-Davidson® motorcycles. On Jan.19th, 2021, that all changes with a single virtual event. During H-D 21, the company's first virtual launch experience, Harley-Davidson will announce new 2021 motorcycles, parts and accessories, riding gear, and apparel.
The global virtual launch is part of the company's streamlined and overhauled approach to bringing products to market for customers. Earlier this year, Harley-Davidson announced significant shifts including streamlining its planned product portfolio by 30 percent, shifting it's new model year debut to align with the start of the riding season, and amped-up marketing efforts to drive desirability and maximize impact in the market "We're thrilled to bring the world together virtually to showcase the inspiration and passion behind our 2021 motorcycles, including a glimpse of our first adventure touring motorcycle, Pan America™," said VP Marketing Theo Keitel. "We look forward to sharing this moment with our customers and dealers from around the world.
"Harley-Davidson has unlocked opportunities for me to find adventure with amazing people, awe-inspiring places, and expand my inspiration seen in the United We Will Ride content series," said Momoa.
Related Links
www.Harley-Davidson.com
tv.harley-davidson.com
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Harley DavidsonWednesday, 9 December 2020
22:04 PM (WIB)
Harley Davidson just made it through breaking out the big historical ascending channel that slumps this legendary motorcycle into the death cross of the ravine. Very interesting to follow Harley Davidson and the legendary journey across the global trades market for years to come.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Harley DavidsonMonday, 7 December 2020
15:33 PM (WIB)
Harley Davidson is the best motorcycle in the world. I love Chopper and Sportster. Check the service routine when it's done. Start the engines for the long road again. What beautiful mountains there. Here I go...
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Harley Davidson | Live to Ride and Ride to LiveMonday, 30 November 2020
03:01 AM WIB
Harley Davidson almost 3 years in the downtrend low from April 2017 until April 2020. With the death cross at the end of the low. It feels like hell to be on the lowest ground for so long. Slowly we recovered from the falls. This is the time for our lovely Harley Davidson to stand up and kick start up again, after the break out from the death cross. So start the engines Boys!!
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
$HOG AscensionWe have an ascending triangle almost fully matured at the peak of an island reversal (bottom) pattern which means any breakout north will need to find strong support at +8%, especially with high volume, or face the wrath of throwback which could pull the price down towards the base of the triangle. I would be bullish if peaks of negative CMF stay short and narrow.
Bearish on Hog priceI read something today that caught my eyes.
The Tyson plant in Washington produces enough beef in one day to feed four million people, according to the company. It’s one of the few facilities in the northwestern U.S., with capacity of 2,300 cattle a day. Resuming operations is dependent on a variety of factors, including the outcome of team member testing and how long it takes to get results back.
“We’re working with local health officials to bring the plant back to full operation as soon as we believe it to be safe,” Steve Stouffer, head of Tyson Fresh Meats, said in the company’s statement. “Unfortunately, the closure will mean reduced food supplies and presents problems to farmers who have no place to take their livestock . It’s a complicated situation across the supply chain.”
I'm thinking if suppliers and farmers are stuck with too much supply, then price should be down.
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best level to buy for 25% gain.
mirror level 32-34
TP bulls 40-41
up to 25% gain on that one
bulls look to buy near mirror levels.
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$HOG Iron Fly for earningsBuy: 11/22 33p for .49
Sell: 11/22 37p for 1.61
Sell: 11/22 37c for 1.80
Buy: 11/22 41c for .40
Net Credit: $2.52 (Max profit if pinned at $37)
BP Reduction: $1.48
As seen on the chart, was able to cash in on an Iron Condor last earnings cycle in a similar range. Going to give myself a little more time to be right and look to pin $37 in the next 30 days. Not overly concerned with what happens in the morning with earnings, but the binary event gives a nice chance to cash in on IV crush if the underlying shows little movement.