The Hershey CompanyShort
Double Top, Daily Chart, Short idea
I can't help but clearly see the large
double top formation, and when this
happens my gut tells me not to ignore it
since they tend to have a very high rate
of success playing out correctly, double
tops (M) and double bottoms (W).
Double Tops = downtrend upcoming and
Double Bottom = uptrend upcoming
It looks as if shorting to the target of
$200 - $180 would be a good idea. Getting put
options. Let me know what you think
double top formation, and when this
happens my gut tells me not to ignore it
since they tend to have a very high rate
of success playing out correctly, double
tops (M) and double bottoms (W).
Double Tops = downtrend upcoming and
Double Bottom = uptrend upcoming
It looks as if shorting to the target of
$200 - $180 would be a good idea. Getting put
options. Let me know what you think
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