Harley-Davidsons stock price (HOG) skidded in the intraday levels while hurt by piercing the upward correctional trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

Therefore we expect more losses for the stock, targeting the next support at $29.18, provided the current support of $32.35 is reliably breached.

Trend forecast: Bearish