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Swing Trade Quick Pick: Harley Davidson (HOG)

: Ryan Mallory; 25 February 2013

Harley Davidson (HOG) a short into resistance

Stock: Harley Davidson (HOG)

Long or Short: Short

Entry: 51.83

Stop-Loss: 53.73

Chart: Harley Davidson (HOG) Daily

Harley Davidson HOG Swing trade short setup

Reason for Trade: There are a number of great short setups out there today, and HOG is by far the best one that I've seen so far. Multiple patterns breaking down all simultaneously, and despite the early rise in HOG this morning, this stock still faces tons of heavy resistance overhead and I doubt they will be able to break through it.