August 15, 2017
New Direction
Fundamentally, Harley is now moved on to focus on the younger riders. The change may help in turn around the stock price. Harley Davidson stock price has not hit the high of 2014.
HOG Harley Davidson and Support Resistance
See chart for more, picture worth a thousand words.
See the monthly Support Resistance. The share price moves south when hits the resistance. The share price breakout lower after breakout the support.
HOG Harley Davidson and Channel and Double Top
See chart for more, picture worth a thousand words.
Harley Davidson and Channel and MACD
MACD indicator is a great leading trend indicator. See chart, trend ending. But, first you must see a double bottom, followed a full reversal.
Harley Davidson and Channel and 34 MA Band
Picture worth a thousand words. Price action is now crossed below 34 MA band and resisted by MA. Bearish.
Lower risk when following the trend, short.
Thanks for visit the site here. You could also find free MACD scan here in this site too.
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
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