How To Trade (HSY)

December 11, 2024, 23:24 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HSY

• Buy HSY near 174.5 target 186.55 stop loss @ 174 Details

The technical summary data tells us to buy HSY near 174.5 with an upside target of 186.55. This data also tells us to set a stop loss @ 174 to protect against excessive loss in case the stock begins to move against the trade. 174.5 is the first level of support below 177 , and by rule, any test of support is a buy signal. In this case, support 174.5 would be being tested, so a buy signal would exist.

• Short HSY slightly under 186.55, target 174.5, stop loss @ 187.09 Details

The technical summary data is suggesting a short of HSY as it gets near 186.55 with a downside target of 174.5. We should have a stop loss in place at 187.09though. 186.55 is the first level of resistance above 177, and by rule, any test of resistance is a short signal. In this case, if resistance 186.55 is being tested, so a short signal would exist.

Swing Trading Plans for HSY

• Buy HSY slightly over 179.14, target 186.55, Stop Loss @ 178.62 Details

If 179.14 begins to break higher, the technical summary data tells us to buy HSY just slightly over 179.14, with an upside target of 186.55. The data also tells us to set a stop loss @ 178.62 in case the stock turns against the trade. 179.14 is the first level of resistance above 177, and by rule, any break above resistance is a buy signal. In this case, 179.14, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HSY slightly near 179.14, target 174.5, Stop Loss @ 179.66. Details

The technical summary data is suggesting a short of HSY if it tests 179.14 with a downside target of 174.5. We should have a stop loss in place at 179.66 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 179.14, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for HSY

• Buy HSY slightly over 179.14, target 180.78, Stop Loss @ 178.72 Details

If 179.14 begins to break higher, the technical summary data tells us to buy HSY just slightly over 179.14, with an upside target of 180.78. The data also tells us to set a stop loss @ 178.72 in case the stock turns against the trade. 179.14 is the first level of resistance above 177, and by rule, any break above resistance is a buy signal. In this case, 179.14, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HSY slightly near 179.14, target 174.5, Stop Loss @ 179.56. Details

The technical summary data is suggesting a short of HSY if it tests 179.14 with a downside target of 174.5. We should have a stop loss in place at 179.56 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 179.14, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for The Hershey Company (HSY) available here: HSY.

HSY Ratings for December 11:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	174.5
P2	180.78	179.14	186.55
P3	198.05	193.29	199.57

AI Generated Signals for HSY

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This report provides trading strategies for The Hershey Company (NYSE: HSY) while incorporating risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for HSY change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if HSY is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for HSY too.  All of these are offered below the Summary Table.