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[Platinum Sell Alerts] (7.25.23)

[Platinum Sell Alerts] (7.25.23)
August 22, 2023

SELL ALERT: 

HSY – $244.37 

The RSI has never been above the 50 Level and price action has been trending down for the past couple of days. Support can be found at the 50, where we can expect some stops to be set. 

With earnings scheduled on Thursday, I’m taking the first loss of the month on this position. I could wait one more day to see if there will be a price action reversal, but my risk adverse tendencies have kicked in. 

The loss on this paper trade was 0.92% or $227.00 for a 100-share position. 

This information is for educational purposes and not a recommendation to buy or sell a stock. 

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