The Hershey Company
Long
Updated

A good chocolates

435
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
Note
Cocoa drop 5% last week, uptrend can get more strength
Note
Breaking out with strength
Note
Cocoa price continue to rise (+20%) last week

I think Hershey is a good stock but it is not the best moment for a bullish move
Note
snapshot
Note
I think today it will start moving up, cocoa price down -4%
Trade active
Long 187,10$

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