HSY is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
A clear signal has emerged for Hershey Company (The) (HSY) on the daily chart. With a last close of $172.63, volatility remains active (-1.53%). Price action has carved out a classic Double Bottom. The trend indicator is reading 54.0/100, suggesting moderate momentum. A potential breakout level is identified at $200.0, targeting $228.9 with support near $185.55 (R:R 2.0).
What is your outlook on HSY?