Harley-Davidson, Inc.
Singkat

HOG headed for the mud

127
HOG faces some serious head winds confirmed by the lower highs and clear downtrend. Despite them buying back 1b in stock, this is a good short candidate on local tops.

DEI is the death knell for a company built on the back of blue collar workers, who are not only getting older, but are pissed off and seeing challenges with inflation . The H-D tent at Sturgis is being boycotted for good reason.

There is a potential H/S on the Daily chart, with a target around $20. Key support is the local low at $25.

Penafian

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