Thursday, 24 December 2020
11:33 AM (WIB)


Harley Davidson just breaks out from pressure to move down with three white soldiers yesterday, Wednesday 23 December 2020. It has reached 38.3 points from the previous 37.21 resistance. Since the structure pattern very clear between move up and down, I was curious to see what would happen next when the market opens. I'm expecting Harley Davidson to move lower in 8 hours periods. Although, three white soldiers movement success brings Harley Davidson to the middle lines of the channel, and the golden cross just gets my attention. Anyway, the big structure pattern for the Head formation should be complete in a few weeks or months. Just don't forget Harley Davidson successfully moving up with rising wedge formation from the death cross after 3 years under pressure from the downtrend.

So, for the long term and globally I expect Harley Davidson to grow higher and higher with a target of $100 and more.


Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Beyond Technical AnalysisFundamental AnalysisharleydavidsonHOGTrend Analysis

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