Harley Davidson the Boss "HOG"
SUMMARY
If you've ever been to a Harley Davidson (HOG) service center, it makes Lexus look cheap! The quality of service at any HOG center is top notch! How about its stock price? Since the 2008 meltdown, HOG has been recovering quite well. The blue impulse waves are complete and that means the requisite correction is underway. Thus far, it reads as an ABC ZigZag (5,3,5) and C is still in the works.
The C wave is already taking the pattern of a downward wedge (blue lines). With a smaller lower low that red A; C could complete and thus have price breakout (white arrow). So the blue waves were subwaves to a higher degree of trend purple wave 1; the ABC are subwaves to a higher degree of trend purple wave 2 and once complete, a massive wave 3 could occur.
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I totally agree with your analysis on this one.
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Exactly a zigzag has been found, in the wave pattern, how do much we know if it's going to rise?
Great Read! Check out my post as well.
Great Read! Check out my post as well.
This haejin post has been downvoted, it is a @flagtarget.
READ: Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.
They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.
Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.