This Chocolatier Looks Sweet
InTheMoneyStocks.com | Jan 18, 2018 11:33AM ET
Hershey Company (NYSE:HSY) has been declining since December 19, 2017 when the stock traded as high as $115.82 a share. Today, HSY is trading lower by $0.58 to $108.35, just below its 200-day moving average, which is often viewed as a negative on the charts.h3 Support Watch/h3
The next important support level for the candy giant is around $105, where the stock found defense in late October 2017. Often, past support areas provide major chart support when retested. It is important to note that Hershey is expected to report earnings on February 1, just before the U.S. open
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