2017 hasn’t been an “easy ride” for Harley Davidson (HOG)¬†as it has declined the majority of the year, while the broad market has power higher.

Below takes a look at HOG over the past 9-years and applies the Power of the Pattern to it-


The 25%+ decline this year in HOG took it down to test 8-year rising support and the bottom of a potential bullish falling wedge pattern at (1).

Since testing dual support at (1), a breakout of the bullish falling wedge is taking place at (2).

Full disclosure- Members bought HOG at is was testing this dual support at (1). This type of set up, a decline that tests long-term support in combo with a bullish falling wedge pattern, continues to provide good risk/reward potential.



How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past