Polaris sitting just above support.

Back on July 23rd Polaris posted its best gain of 2019. The earnings inspired surge (https://www.zacks.com/stock/news/447181/polaris-industries-pii-q2-earnings-and-revenues-top-estimates?cid=CS-MKTWTCH-HL-tale_of_the_tape|yseop_template_4-447181&mod=mw_quote_news) drove shares over 11% higher with the help of a big jump in volume. PII began to consolidate a week later while basing just above a very solid support area.

Selling pressure has eased dramatically over the last week. Short interest ratio(SIR) remains fairly high(5.7)=upside fuel. A close below $87.00 would be a clear warning sign that the post earnings consolidation will continue for some time.

No position.