With our premium members we initiated a short trade on HOG the day after earnings last week due to technical patterns, i.e, support at $39 being violated on large volume. Our price targets are layered below $37.50 and all the way down to $35.10 for the most agressive traders.
HOG is down 4.3% today as of this writing on the back of weaker than expected earnings. Margins schmargins…yes they are important but I wonder if some investors aren't realizing that the ultimate discretionary spending toy (a Harley) may soon not be on everyone's list anymore…top of cycle etc. To the charts and we see […]