June 3, 2010

The Hershey Company Breaks Out!


One of my stock picks, The Hershey Company (HSY), which I posted about a week ago (here) was forming a bullish symmetrical triangle based on my technical analysis. Currently, the stocks have broken out from the mentioned chart pattern and could be headed towards the $50.00 resistance or even surpass it. The current support is the 5-month uptrend.

No comments:

Post a Comment