HSY trade ideas

Gooby_Trades

Noticing some bearish divergence on the RSI. HSY of late seems to be trading in a shape that resembles both an ascending triangle and/or a rising wedge. Due to my inability to tell which pattern it is trading in, I will remain neutral on Hershey at the moment. However, the stock has seen quite a run-up in price (since Covid), so HSY holders now may be an optimal...

MojePieniadze Updated 

Looks strongest in the weak market. Last few days were very tight with below average volume. Only time will tell :)

EPSMomentum

The PEAD projected a Bullish outlook for $HSY after a Positive over reaction following its earnings release placing the stock in drift B.

defiantroa

A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.

Daxobar

Hershey bounces off trend line and 204 resistance.

Candle_Vandal88

Even with covid we still love our kisses..... bull-flag breakout and seeya. I forgot about my entry two weeks ago. Cheers!

cmeverypiececountsaba

SHORT Quite load up on shorts and when the time is right Hersey SQUIRTS!!!! shit all over and buy the commodity wave blast... PLoooP!

Essendy

Volume pretty weak on the breakout but I'm long. Looking for $194.

Chadhoward Updated 

if history is any indicator, HSY has gone up after earnings more times than not.

jebisemalo

The Hershey Company, commonly known as Hershey's, is an American multinational company and one of the largest chocolate manufacturers in the world.

dilille010

hsy bouncing off some strengths for move higher ?; dip buy opportunity

mark1222

Nice setup(s) on HSY. 154? ...Keeping levels on watch.

Myantman101

Hershey is looking like a strong buy as Bollinger Bands have given off a buy signal. Divergence is shown and MACD provides evidence of weakening bear strength. My pick $150 strike price expires 12/11 Buy Rating 4 Nothing is guaranteed!

EPSMomentum

$HSY negative over reaction following its earnings release has PEAD projecting a slight bullish outlook for the stock placing it in Drift C with price currently trading between the Median line and the lower boundary of the projected PEAD cone. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful...

lauralea

HSY has been a slow mover but I hope chocolate never goes away! Long when descent from rising wedge is complete HSY was trading in an ABC bullish pattern for a while but looks to be forming a cup and handle ABC targets are 152.10 162.1 Also was in a falling wedge down at the bottom which ended up being bullish. HSY broke through the falling wedge only to get...

stephanelibatd

Hey my friends, HERSHEY COMPANY gives a false bearish signal, buyers still have their hands on it, despite the large buying volume offered. HERSHEY COMPANY is not ready to turn around, possibility of breaking out the consolidation zone from above to climb into the new consolidation zone and reach the last previous higher. After seeing the decision on the future...

lauralea Updated 

Falling wedges can be bullish if a stock breaks up and out, rising wedges are usually bearish Hsy is trying to break out of falling wedge pattern but I wait for 2 closes out of falling wedge or 2 bullish candles Plus earnings are close by HSY was for a long time a counted on stock without volatility Not anymore and just has not been able to come back since the...

sandman1123

Peak QQQ and Nasdaq correspond with HSY > 50 % drop from peak. During Dot-Com Bubble: HSY low = QQQ peak. Insiders take winnings and roll profits into super sold off value stocks like WM, BRK.B, and HSY.