numan_42_

$NYSE:HSY swing trade idea (NFA)

Long
numan_42_ Aktualisiert   
NYSE:HSY   The Hershey Company
THIS IDEA WAS CREATED WITH A LOT OF HOPIUM, DO UR OWN DUE DILIGENCE.
I AM NOT A FINANCIAL ADVISOR.
HSY


The earnings were better then expected in the last 4 earnings which resulted on average
around 3-5% price increase.


The earnings date is on 27th july, I expect for them to beat the earnings hence the price
could increase as it did in the passed.


Year on Year they are increasing assets and decreasing liabilities.

Hence I think it can even be invested as long term, altho this should be taken with a grain of
salt.
I am not a financial advisor

Also the RSI is really low, indicating the stock is in oversold territory. (it could be a great
time to buy in for the long term)


Stay safe.


Kommentar:
it bounced back as I hoped, ill try to hop in if it crosses the 200 average
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