Get started
christmaslai

Buying opportunity for long term investment

Long
HSBC HOLDINGS PLC (HKEX:5)  
christmaslai Updated   
HKEX:5   HSBC HOLDINGS PLC
Trend Analysis
7
0
trendanalysis
HSBC could reach $6x in a long run. Every time it hits the bottom of the channel is a good buying opportunity.
Comment:
In the daily chart, HSBC could reach $31. However, it might bottom out soon if the monthly candlestick stays above the bottom of the channel.
Comment:
Comment:
It is a good news that HSBC is resetting the bottom of the channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.