TradingView
AlgoTradeAlert
Dec 17, 2023 9:42 PM

$HSY Fibonacci Support & Pivot 

The Hershey CompanyNYSE

Description

NYSE: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."
More