Harley-Davidson Inc

The stock remains in a medium-term advancing phase with a bullish HH/HL structure supported by rising EMAs, while long-term trend is still down; short-term timing is favorable after a pullback into the 9/21 EMAs with no exhaustion signs, but resistance tests and distribution risk warrant disciplined entry near support zones.

• ↑HDFS partnership with KKR/PIMCO unlocks $1.25 B cash and adds $275–300 M operating income.
• ↑Dealer inventory cut 22% YoY pre-peak season supports dealer profitability.
• ↓Q1 revenue down 12% YoY to $1.2 B; EPS slid to $0.22 from $1.07.