Hershey: The Trend Continues Up (HSY)
SmarTrend identified an Uptrend for Hershey (NYSE: HSY) on January 19, 2010 at $37.63. In approximately 2 months, Hershey has returned 10.6% as of today's recent price of $41.63.
Hershey is currently above its 50-day moving average of $37.56 and above its 200-day moving average of $37.67. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hershey shares.
Write to Chip Brian at cbrian@tradethetrend.com
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