06.08.2015 - Hershey can change a negative trend to positive
The price of Hershey has broken the upper boundary of descending channel and currently is near the level of 93.00, a breaking of which will lead to a further increase in prices to the local maximum at 96.00. Overcoming this level will be a signal for further growth of price to 102.00 and 107.40. A drop in prices is limited by the support at 87.70. We expect further growth and recommend to open long positions after fixing above 93.00.