Follow-up (to previous premium color). Bullish order flow continues as the stock runs higher. Hershey’s (HSY) is up another $1.16 to $34.45 and 6,368 calls traded, compared to 109 puts. ISEE Sentiment data is consistent with opening customer call buys and traders are still looking for the stock to run higher despite the recent rally.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.