Harley-Davidson Wave Analysis – 12 March 2025

- Harley-Davidson reversed from resistance level 27.35
- Likely to fall to support level 23.80

Harley-Davidson recently reversed from the resistance area between the key resistance level 27.35 (former double bottom from January), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January.

The downward reversal from this resistance area stopped the earlier short-term ABC correction 4 from the start of February.

Given the overriding daily downtrend, Harley-Davidson can be expected to fall to the next support level 23.80.