• Return to Headlines

Look for Shares of Harley-Davidson to Potentially Pullback after Yesterday's 2.15% Rise

By David Diaz

Harley-Davidson (NYSE:HOG) traded in a range yesterday that spanned from a low of $41.08 to a high of $42.16. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $41.39 on volume of 1.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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 14.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Harley-Davidson share prices have moved between a 52-week high of $63.40 and a 52-week low of $39.34 and are now trading 7% above that low price at $41.99 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.9%.

Keywords: rebounders Harley-Davidson

Ticker(s): HOG