Recently Harley shot up 30%. The same indicator that telegraphed that move is lining up again.

HOG felt the pain of 2022 like most other stocks but staged a rally in October. This move was signaled to anyone paying attention by two powerful signs. The first was the move above the 10 day moving average. That is always an alert to keep an eye on a stock. Take a look at the chart:

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The highlighted areas also show that the MACD crossed and moved up from oversold territory. When this type of move has room to run, it can be pretty lucrative. Now we see that same move setting up again.

This is definitely a great pattern to see and something to pay attention to when you spot it.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily