AlexandreFF
Short

Symmetrical pattern on HSBC interesting investors behavior.

BATS:HBC   None
388 0 1
In this description i will give you a bit of the pros and cons of the fundamentals, as i always confirm my trades with fundamentals
This symmetrical triangle is probably caused by investors tensions to HSBC             next earnings report
March and June earnings were 48.44 B in 2013
and March and June earnings of 2012 55.86 B the difference was pretty big.
September 2012 revenue was really bad, 18.44 B and December was the best month last year with a 43.18B ( almost March and June earnings combined ). Thats why if September earnings are bad there is a confirmation that this stock needs a new analysis and confirmation to buy the stock for December earnings . Understood my point of view ?
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