Swing Trade Alert "HOG"
posted by daytraderockstar
Jun 15, 2009 4:26 pm
Today I started a position in HOG baased on my 10 for 1000 watch list set up, I recieved an email after market asking where a good entry is on this stock, So i wanted to share some more details to everyone. This is a really Great set up and even though members get the first entries and info I like to share some very positive set ups with the visitors of the site, Hope you are profitable in the markets
Steve
Started my own position today in HOG The only downside i see is the stochastics are not fully in an oversold area, but there is good support here from 15.50-16.00 and one other secondary criteria i haven't mentioned yet is the PE at 6.44, Even if we see a further move down I will don't think we will get below 15.00 and would look to add at 15.20 this would set us up in a falling wedge pattern. My target on this trade is 20
John
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