HOG: Full Throttle, Wrong Direction

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Harley-Davidson’s daily chart is revving loudly, but the bears still seem to have the handlebars.

The recovery from the early-2026 lows has lost momentum. After struggling around $28–29, HOG has slipped into a steep downward channel. The displayed price of $24.43 puts it just above the first marked support at $24.00. This is where the bulls need to find some traction—preferably before the next pothole.

A daily close below $24.00 would expose $22.73, the next marked support. Lose that too, and this ride could get considerably bumpier.

For a credible comeback, buyers need to break the descending channel and start printing higher lows. The $26 area is an initial recovery checkpoint; $28–29 remains the bigger overhead hurdle. Those resistance zones are approximate readings from the visible chart.

My take: cautious while the downward channel holds. A bounce is possible, but revving the engine is not the same as moving forward.

Who takes the handlebars next: bargain-hunting bulls or bears with a full tank?

Chart-based commentary, not financial advice. Wear a helmet—and respect your risk limits.

Laurent - Private Investor

✅ DL INVEST | Community Leader

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