Bearish DailyPlay for Tuesday June 14th, 2016 – Harley Davidson (HOG)
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.