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Harley-Davidson (HOG) Upgrade Alert, Watch for 6.7% Technical Uptrend Continuation

Harley-Davidson (NYSE:HOG) upgraded to Outperform from Sector Perform at RBC Capital. The stock closed yesterday at $27.69 on volume of 30,409,847 shares, above average daily volume of 4,708,752.

Harley-Davidson is currently above its 50-day moving average of $23.35 and above its 200-day moving average of $17.74.

SmarTrend is bullish on shares of HOG and our subscribers received an Uptrend alert on October 14, 2009 at $25.95, which has returned 6.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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