Nov. 13 at 3:15 AM
$HOG is currently trading at
$25.33, below both the 30-day moving average (MA30) of
$26.75 and the 50-day moving average (MA50) of
$27.85, indicating a bearish trend. The RSI at 37.06 suggests the stock is approaching oversold territory, potentially signaling a reversal. The recent 60-day high of
$31.25 and low of
$24.34 indicates a range-bound environment, with current price near the lower end.
For a trade plan, consider entering a long position around
$25.50, as it is slightly above the last close and may attract buying interest. Set a stop loss at
$24.20 to limit downside risk. Target 1 can be set at
$27.00, aligning with the MA30, and Target 2 at
$28.50, which is near the recent highs. This plan allows for a potential recovery while managing risk effectively.
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