#HSBC is now below its 200EMA

HSBC HOLDINGS PLC ORD USD0.50LSE

Description

⋅ Feb 27, 2018 12:25 PM

HSBC is now below its 200 EMA
It still has to break 705 though and horizontal resistance will be stronger.
Also it's weekly chart is still in an uptrend.
Wait and see.

Comment

⋅ May 2, 2018 10:31 AM

Big pullback. Downtrend invalidated.