$NYSE:HSY swing trade idea (NFA)
Updated
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.
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.
Note
it bounced back as I hoped, ill try to hop in if it crosses the 200 average
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