We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Staple stocks are strengthening into year-end. Many have spent years in downtrends, others have been trapped in prolonged ranges, but a growing number are now carving out massive bases.
Here’s today’s standout:
Hershey Co. $HSY is currently exhibiting a Squeeze Score of 95.8 and an even tighter Long-Term Score of 94.
Here’s what the chart looks like:
Hershey is putting the finishing touches on a year-long base.
Price is sitting flush against a key breakout level—its all-time high AVWAP—which has capped every rally attempt over the past two years.
With volatility compression on the Strazza Indicator sitting near recent lows, the conditions are in place for an explosive breakout.
