Tuesday, January 25, 2011 2:45:22 PM
HSY very bullish charts (from short to long term):
2 minute chart, this little rounding scallop formation is a typical continuation sign in a strong uptrend:
Which suggests this flag / measure move on the 60 will continue to its upward target at 52.50:
If that target (52.50) comes then it points to a solid breakout upwards from this continuation rectangle on the 2yr.:
And that 2 yr. continuation rectangle points to this cup and handle on the 10yr moving up to its target at 70:
LEAPS are an easy buy, add, and hold for this hugely bullish stock.
2 minute chart, this little rounding scallop formation is a typical continuation sign in a strong uptrend:
Which suggests this flag / measure move on the 60 will continue to its upward target at 52.50:
If that target (52.50) comes then it points to a solid breakout upwards from this continuation rectangle on the 2yr.:
And that 2 yr. continuation rectangle points to this cup and handle on the 10yr moving up to its target at 70:
LEAPS are an easy buy, add, and hold for this hugely bullish stock.
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