HERSHEY: $195 multi Generational Wealth Stockthe undisputed chocolate of the world
popularize on TV when Soldiers give; that chocolate bar as an icebreaker to be friend or immerse with the locals in a conflicted coountry
a treat everybody loves
Cap at $40bn
cocoa at $3474 from $2k; demand is at all time highs
extensive network of distribution and acquisition for growth
and a new CTO installed coming from Google
to cater to the Tiktok Generation of the future
Mr. Beast is an opportunity to enter while price is dumping
definitely a TRADE not an investment
and maybe when MR Beast goes Public
could be the Hershey of next Generation
HSYD trade ideas
HSY - Long term opportunityI tend to focus on technical plays. I like Hershey here, but more so for fundamental reasons.
Management's recent earnings forecast is solid; management also tends to be conservative in estimates.
The company certainly faces headwinds that shouldn't be ignored - continued inflation, the attention weight loss drugs are getting, and cocoa prices are at multi-decade highs.
Current PE is 19.64 while the historical PE ratio over the last five years is 24.75. That's 26% above where it currently stands. There may be some further downside, but I think ultimately much of the risk is priced into the stock.
HSY pays a dividend, but I don't see the yield at 2.6% as very material.
Alas, even on long-term buys, I focus on technical indicators to support the timing of entry. In this case, we have a stock at a 24-month low sitting at strong support. The MACD is showing positive divergence, as well.
I plan to play this by writing aggressive near the money puts in the volume shelf. Should I take ownership, I'll write covered calls.
Not a recommendation.
$HSY Fibonacci Support & PivotNYSE:HSY Fibonacci Support & Pivot at 152.20 and 618 Fib Support "Fibonacci support is a key level in technical analysis derived from the Fibonacci sequence. Traders use these levels to identify potential price reversals or areas where an asset may find support. These levels, such as 38.2%, 50%, and 61.8%, are drawn based on the Fibonacci ratios and play a crucial role in understanding price movements and making informed trading decisions."
Long hershey!This may not work, because the 200 week SMA seems like the best support in this scenario...
HOWEVER, we have massive bullish divergence on the MACD, the RSI is oversold and also starting to diverge, were at a reasonable support, and the rest of the market is rallying.
ALSO - cocoa futures and sugar may have topped, i think this helps here...
HSY reaching a crucial stageThe high of right shoulder of head-and-shoulder pattern, which was formed in the first half of June 2023 (blue) was re-tested in the second half of June (purple). This second shoulder pattern broke the neckline (yellow) and the downtrend began.
HSY is close to a major support of 216. Price is likely to bounce from this support when RSI, too, would be oversold (approx. 20). This is also when Squeeze Momentum indicator is likely to turn dark red in colour, meaning that bearish trend is ending.
$HSY - 50 year correction coming?HSY stock has done incredibly well over the past 50 years, essentially in a constant upward trajectory. If you invested 13 years ago, you'd have x10 gains.
That being said, the ABC has completed inside the structure and at some point correction is in order.
While it's impossible to say when it's going to correct, structure like this tend to break to the downside more times than not. Could be 5 - 10 years from now, or could be next year. Who knows.
$NYSE:HSY swing trade idea (NFA)THIS IDEA WAS CREATED WITH A LOT OF HOPIUM, DO UR OWN DUE DILIGENCE.
I AM NOT A FINANCIAL ADVISOR. NYSE:HSY
The earnings were better then expected in the last 4 earnings which resulted on average
around 3-5% price increase.
The earnings date is on 27th july, I expect for them to beat the earnings hence the price
could increase as it did in the passed.
Year on Year they are increasing assets and decreasing liabilities.
Hence I think it can even be invested as long term, altho this should be taken with a grain of
salt. I am not a financial advisor
Also the RSI is really low, indicating the stock is in oversold territory. (it could be a great
time to buy in for the long term)
Stay safe.
HSY - Bull FlagHSY emerged from an 11-month sideway consolidation on 15th March and began a strong uptrend since.
A bull flag is now apparent there could be opportunity to trade the breakup (if it materialises). However, the trend is rather extended at the moment hence it is prudent to trade a smaller size at this juncture.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
HSY - Multiple TopsOn this chart, we are witnessing an all time high, with multiple tops.
Therefore we are short on this one and are expecting a run to the downside.
Also the MACD and RSI are both showing bearish indications.
We are ready for an entry, as the multiple tops are completed.
More details are shown on the chart.
Good luck!
HSY who doesn't love chocolate for Valentine's Day As a leading manufacturer of chocolate and sugar confectionery in the United States, Hershey Co. is poised to generate significant profits during Valentine's Day with its well-known brands such as Hershey's, Reese's, Twizzlers, and Kit Kat. Despite the recent controversy surrounding the missing "tips" on its Hershey's Kisses, the company's holiday-themed packaging, such as heart-shaped boxes, is expected to boost revenue even further. In 2018, Hershey Co. recorded annual revenue of $7,791 billion, a 3.67% increase from the previous year. According to the company spokesman, Valentine's Day ranks as Hershey's fourth largest season, following Halloween, Easter, and Christmas. going to do a live stream to talk more about the chart
#HSY weekly bullish reversal @ yearly PivotHello dear Traders,
Here is my idea for #HSY
Price closed above yellow line
Targets marked in the chart
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
Double Top, Daily Chart, Short ideaI 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
Kiss Hershey chocolates hello to $271!Hershey broke up and out of a Cup and Handle pattern.
The Moving Averages are all pointing up and looks good.
There is a retest on the brim level giving this a conservative entry for chart pattern traders.
Target = $271.00
CONCERNS:
With the Interest rate hike of 75 basis points pumping it to 4% with more coming, this could disrupt the upside as it has done with stocks gloablly.