Harley Davidson (HOG) NewsBite - HOG Covered In Lee Allen Report Today

Thursday, January 08, 2009 10:33 AM EDT

Harley Davidson (HOG) was covered in a Lee Allen Report today and the stock is now at $17.01, down $0.34 (-1.96%) on volume of 736,252 shares traded. To see the report go to http://www.iotogo.com/la010809 . Over the last 52 weeks the stock has ranged from a low of $11.54 to a high of $48.05. Harley Davidson stock has been showing support around $15.74 and resistance in the $20.16 range. Technical indicators for the stock are neutral and S&P gives HOG a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HOG the stock seems like it could be a candidate for a February out-of-the-money bear-call credit spread above the 20 range. [ABR-Seven Summits Strategic Investments NewsBite]

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