Harley-Davidson: ⬇️ Sell
– Harley-Davidson reversed from resistance level 27.35
– Likely to fall to support level 23.80
Harley-Davidson recently reversed from the resistance area between the key resistance level 27.35 (former double bottom from January), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January.
The downward reversal from this resistance area stopped the earlier short-term ABC correction 4 from the start of February.
Given the overriding daily downtrend, Harley-Davidson can be expected to fall to the next support level 23.80.
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