The bearish DailyPlay we chose for Tuesday June 14th is Harley Davidson (HOG). HOG is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 1.25% move lower and it’s 1m turned bearish and 6m trend just turned neutral yesterday while breaking below its $78.50 support level.
Harley Davidson’s 1m and 6m trends turned bearish on 6/9 while bouncing lower off its $46 resistance level. With a technical score of 3 (out of 10), HOG looks positioned to continue this strong bearish trend lower.
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