lauralea

Bottom Fishing Falling Wedge

NYSE:HSY   The Hershey Company
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 stock caught the virus (o:
HSY missed earnings in April. Next date is soon 7-23 BMO
They seem to miss often so not touching it with a 10 foot pole until after earnings ..but I know folks did not stop eating chocolate?
Not a recommendation
Comment: Beat and raised dividend (o:
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