jangseohee

Thats how multiple top are formed.

Kort
NYSE:HSY   The Hershey Company
0
Hershey, the famous chocolate company with branches all over the world, has announced the end of their long term uptrend in late July. Again, breaking a long term uptrend line doesn't mean immediately bear market will take charge tomorrow. As the price may still move higher along the uptrend resistance line until exhaustion takes over. Thats how double top/triple top/multiple top are formed.

Right now, its time to short!

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