As you can see on the chart above, The Hershey Company (NYSE: HSY), one of the largest chocolate manufacturers in the world, just signaled a golden cross.
A golden cross occurs when the 50-day moving average (purple line) rises above the 200-day moving average (green line).
My team of traders tell me this move could mean up to a 5% gain in the company’s share price over the coming weeks.
They believe now looks like a good time to buy HSY.
© Chart courtesy of Today’s Profits. All rights reserved.