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
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.
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