CorrectingThe time to rise seems to be over and a bigger correction of the uptrend seems to be on the way.Shortby motleifaulUpdated 1
Retracement Has BegunHershey is overbought. We just started the retracement.Shortby motleifaulUpdated 4
Decision point for $HSYNYSE:HSY HSY has reached the resistance trend line in its current channel. That doesn't mean it HAS to go down now, it could very well bust through, or chop around just below for a bit. The Stochastic indicator is pegged out at 100 on the monthly, but can easily ride there for months to come. The daily and weekly Stochastic still has room either way. If it gets rejected over the next two days, I will initiate a short position using put options. If it pops above the resistance, I will attempt to play a pullback to test that breakout, then enter long. If neither of these happen convincingly, and it chops around right here at this spot, I will sit on my hands until it chooses a direction. Just good to know when a stock reaches a critical moment so that you can put alerts on the trend line and make your bet. Happy hunting!!by UnknownUnicorn1314136Published 2
HERSHEY (HSY:NYSE) - Nice consistent run. Popped resistance.HERSHEY (HSY:NYSE) - Nice consistent run. Popped resistance. Hershey has been running nicely. Moving averages diverging, volume starting to come through. Has broken above resistance and has tested it once and bounced so might start to establish it as support. Its chocolatey goodness might be worth a watch. Quick Stats Market Capitalization 27.53B Total Shares Outstanding (MRQ) 208.626M EBITDA (TTM) 1.984B Gross Profit (FY) 3.587B Last Year Revenue (FY) 7.791B Free Cash Flow (TTM) 641.93M P/E 23.61 Dividend yield 2.21% 15 min chart About Hershey The Hershey Company is a global confectionery leader known for bringing goodness to the world through its chocolate, sweets, mints and other great-tasting snacks. Hershey employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world, including such iconic brand names as Hershey's, Reese's, Hershey's Kisses, Jolly Rancher, Ice Breakers and Brookside. Building on its core business, Hershey is expanding its portfolio to include a broader range of delicious snacks. At Hershey, goodness has always been about more than delicious products. Hershey has been committed to operating fairly, ethically and sustainably. Today, the company continues this social purpose through 'Nourishing Minds,' a global initiative that provides basic nutrition to help children learn and grow.Longby zAngusPublished 3
Using Bollinger Bands Indicator with HSY Created by John Bollinger, this three lines allow us to visualize a “security” zone, generated by the average of closing prices. Some traders believe that if the prices move to the upper line, means that those shares are overbought. If the line of prices move to the lower line, then the shares are oversold. Using Bollinger bands properly isn’t easy as that, why? Well, this indicator is supposed to be use as a trading system considering 22 rules, as his creator indicated. As we can see, as the lines get squeezed, the shares have low volatility. As the bands move apart and the area between them is bigger, volatility increase. by samarithlizPublished 1
HSY drop imminentHSY overbought on daily rsi. If its not used as a safe haven today then the drop should start today or tmrw. Worst case well be red by eod thursday. Bulls are gassed.Shortby MichaelMFUpdated 0
HSY Shrinking Run GainThe Hershey Company gapped on a solid earnings report. However, the recent run is a shrinking run candlestick pattern. This warns of hidden large lots selling against the smaller lot buyers. by MarthaStokesCMT-TechniTraderPublished 0
Degenerate momentum stock: Hershey's.Yes. Hershey's. Closed above open 11 days in a row.by stevenplacePublished 2
HSY Enjoys Gap GainsThe Confections Industry has had an unusually strong year thus far, with some companies’ stock in speculation mode. HSY shifted briefly to a sideways pattern after a gap. It is now back in speculation mode. by MarthaStokesCMT-TechniTraderPublished 1
Long Hershey co.Being slightly undervalued, coupled with basic technical analysis and some research into the companies current climate gives you a good a chance as any !! Longby BitterSweetMarketsPublished 1
HSY potential move Uptrend has started and if it doesn't break the trendline, we should see $4 move right into major resistance.Longby trendtrader4uPublished 0
Dow drops 666 points :( #6 HSY )In 2014 and 2015 the stock price of this company show problems to reach and close above the 110.00 level then he did a considerable correction between 2015 and 2016 then from July 2016 to January 2018 try again to reach this level beating shyly the 110.00 level and going up around 112.00 to 114.00, the price try in three occasions to beat that level and nothing happens. Now in our days the past week, the price drops breaking a bullish trend line with a gap (Look the daily Chart) wait for a pullback after the gap. 104.00 is now a key support level Targets is not my job, my job is to find this kind of pattern and put in the desk of Traders and Managers. Position sizing, stop loss and targets vary from reader to readerShortby Alex_QuirogaPublished 8
HSY #411 (Info)Today, Hershey Trust to sell 4.5 million shares of Hershey Co. What does that mean to stock holders? The Hershey company agrees to purchase common stock from Hershey Company. This means that there will be 4.5 million MORE shares for public to buy, which means PRICE will go DOWN Will be looking to play the bear side of this stock with PUT options for rest of year.Shortby AnbatPublished 4
$hsy ready for upward swing!higher time frame in uptrend finding solid support and retraced to .50 level- looking for a bounce upward mid time frame is forming an ascending triangle with positive momentum and volume looking for breakout of resistance area of 112.4x to first target of 113.5x area lower time frame is showing once resistance is broken- there is the least resistance for strong momentum Longby inco1Published 3