Harley Davidson's stock (HOF) declined in the intraday levels after reporting a $1.45 profit per share, on sales of $1.5 billion, beating estimates of $1.3 billion.
Technically, the downward correctional trend dominates the stock's short-term movements, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the pivotal support of 32.87, provided the resistance of 39.80 holds on.
Expected trend for today: Bearish