May. 23 at 9:06 PM
Massive breakout backtest developing on
$HSY. The weekly frame for Hershey has returned to test its primary historical breakout shelf, setting up an immediate institutional battlefield right at a major volume node. 🍫📈
📊 The Tape Facts:
Dark Pool: Over
$23.1M in heavy block trades settled, highlighted by a massive print of 90K shares crossing at
$190.75.
Options Flow: Short-term tape is leaning entirely defensive with a
$59.2K sweep hitting the weekly
$192.5 Puts.
🎯 Key Levels to Confirm:
🐂 Bulls: Must defend the block line and close above
$190.75 to trap the near-term puts and squeeze back into the
$195.10 volume shelf.
🐻 Bears: Need a weekly close below
$183.99 to kill the breakout structure and force a deeper markdown toward the
$163.44 macro floor.
#ConsumerStaples #OptionsFlow #DarkPool #TechnicalAnalysis #hovdid