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Harley-Davidson Crosses Above its 10-day MA (HOG)

By James Quinn

Harley-Davidson (NYSE:HOG) shares have crossed bullishly above their 10-day moving average of $44.77 on a volume of 581K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Harley-Davidson have traded between a low of $41.63 and a high of $63.40 and are now at $45.03, which is 8% above that low price. The 200-day and 50-day moving averages have moved 0.34% lower and 0.85% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Harley-Davidson on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $48.31. Since that call, shares of Harley-Davidson have fallen 8.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Harley-Davidson

Ticker(s): HOG