Conclusion, Investment Implications, Strategy

We exited our Jun 21st long idea in Hershey Company (HSY) today for a 4% outright gain.  We exited the idea because of weaknes in the Consumer Staples Sector amid deteriotating market internals.

Analysis and Rationale

The chart below is an updated version of the one that appeared in our Jun 21st report.

HSY daily since April 2022

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