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austriancapitaltheory

Short $HSY

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The Hershey Company (BATS:HSY)  
austriancapitaltheory  
BATS:HSY   The Hershey Company
Trend Analysis Chart Patterns
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trendanalysis chartpattern
short opportunity for HSY ?

HSY looks like a great short opportunity to me for the following reasons:

- Apparent stage four decline (stage analysis)
- Bear flag chart pattern on all time frames, especially longer-term.
- Fibonacci confluence.
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