HSY Triple Top - Crawling Into EarningsBearish technical setup for HSY coming into their Q3 Earning's on 11/7. Anything less than a big beat could take Hershey down to new lows at around $170 support.
Key facts today
22,808.99
0.01 BRL
9.30 B BRL
55.77 B BRL
About The Hershey Company
Sector
CEO
Michele G. Buck
Headquarters
Hershey
Website
Founded
1894
ISIN
BRHSHYBDR001
FIGI
BBG009PNWGM7
The Hershey Co. engages in the manufacture and marketing of chocolate, sweets, mints and confectionery products. The firm operates through the following geographical segments: North America and International and Other. The North America is responsible for the traditional chocolate and non-chocolate confectionery market position of the company, as well as its grocery and snacks market positions, in the United States and Canada. The International and Other segment includes the combination of all other operating segments, including those geographic regions where the company operates outside of North America. Its brands include Hershey's, Reese's, and Kisses. The company was founded by Milton S. Hershey in 1894 and is headquartered in Hershey, PA.
HSY Trends, Price targets, projectionsLots of talk around this one.
Makes sense with swing state
Michigan and F probably having a similar issue
Either way, they make some good candy
Long term has been historically really good
Long term doesn't predict future
I'm leaving this mostly neutral because I have an idea/guess to the heading bu
Hershey ready to moveI took a position in hershey for a few reasons. One is that it is at the bottom of the range, second is that it is showing bullish divergence on the MACD, and third is because the price of COCOA looks to me as if it is on its way to test the 200 week SMA (50%) down.
Cocoa down 50% will be a direct
bear call spread on HSY over earningsThe weekly chart looks like death. Monthly doesn't look a lot better for the bulls.
PLUS, this gap on a Monday? Bear gap and go?
AND you can get $1.25 credit? on a $10 spread for less than 40 days. I dig it
HSY rebounding from support.HSY has been in a channel since Oct. 2023 after falling from highs of $276 in 2023. Right now, it is just rebounding from a strong support level from the $180ish level. Expect to test resistance at $210.
Chocolate makes you happy? Why not have both ? Eat the chocolate and make the profits , haha?
Wait for it or nibble some when it breaches the resistance at 193.53 or wait for it to fall further to the support level at 174.58.....
Christmas is coming ......what other better gifts than chocolate, the old tradition?
Hershey Company - Bullish trend incomingHershey has completed the accumulative range of 6-month after the stock broke out of the range at 204.03 resistance turned support. Prices has also trends above all Ichimoku indicators and is likely to trend higher targeting 227.49, 238.96 and 259.44.
Furthermore, all momentum indicators are showi
Hershey 41924Hershey in a clear bottom of the range and buy zone. I see it moving higher where many are calling it lower bc of cocoa prices. I just see it doing the opposite of what the herd believes. Bullish af on REAL THINGS and chocolate is a huge industry that will grow. When times get tough, ppl always seek
Hershey: IHS and A Chocolate DividendFundamentals:
I am not relying on fundamental analysis for this stock, but only technical analysis.
Technicals:
Daily:
Inverse Head and Shoulders pattern
Stage 3
uRd
Weekly:
uRd
Short $HSY short opportunity for NYSE:HSY ?
NYSE:HSY looks like a great short opportunity to me for the following reasons:
- Apparent stage four decline (stage analysis)
- Bear flag chart pattern on all time frames, especially longer-term.
- Fibonacci confluence.
See all ideas
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