Earnings was not so exiting because of cocoa overpriced
Price near lower border of short term channel up can be a good entry point with a target of 207$ next week
Can also be interesting under a long term view
Price near lower border of short term channel up can be a good entry point with a target of 207$ next week
Can also be interesting under a long term view
Note
Cocoa drop 5% last week, uptrend can get more strengthNote
Breaking out with strengthNote
Cocoa price continue to rise (+20%) last weekI think Hershey is a good stock but it is not the best moment for a bullish move
Note
I think today it will start moving up, cocoa price down -4%Trade active
Long 187,10$Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.