Harley Davidson price exhausts positive chances - Forecast today - 17-04-2024

Harley Davidson’s stock price (HOG) fell in the intraday levels while seeking a bottom to bounce it higher and help it gather momentum.

The stock leaned on the 50-day SMA line with positive signals from the RSI, hinting at positive divergence.

Therefore we expect the stock to return higher, targeting the important resistance of $44.14, provided the support of $37.95 holds on.

Expected trading range: between the support of $37.95 and the resistance of $44.14. 

Trend forecast: Likely Bullish