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Hershey (HSY) Showing Relative Strength, Flagging Above 21-Day

Hershey (HSY) Showing Relative Strength, Flagging Above 21-Day

by | Feb 24, 2022 | Chart SetUps

Hershey (HSY) shares holding up well this week and showing relative strength all year as it continues to lead staples higher. HSY has pulled back to the 21-EMA this week and forming a small bull wedge under $203.75 with a breakout move setting up for a run at prior highs. Shares are consolidating above February value and in a nice trend higher from the October lows.