$HSY - 50 year correction coming?
HSY stock has done incredibly well over the past 50 years, essentially in a constant upward trajectory. If you invested 13 years ago, you'd have x10 gains.
That being said, the ABC has completed inside the structure and at some point correction is in order.
While it's impossible to say when it's going to correct, structure like this tend to break to the downside more times than not. Could be 5 - 10 years from now, or could be next year. Who knows.
That being said, the ABC has completed inside the structure and at some point correction is in order.
While it's impossible to say when it's going to correct, structure like this tend to break to the downside more times than not. Could be 5 - 10 years from now, or could be next year. Who knows.
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