UnknownUnicorn5026590

HSBC Long - Found a bottom

Long
LSE:HSBA   HSBC HOLDINGS PLC ORD USD0.50
Looking at current economical Outlooks , parred with sentiment. I believe there is a strong support line found by many Banks on the charts. Things can fall through further but in the case that we see economic stimulus and ideas on sentiment improving generally like they have been in the past 2 weeks. Then a return to pre corona levels is highly likely by November 2020 this year. Further upwards is dependent on global growth being reignited going into H2 of 2020.


If you liked my explanation please leave a like.

This is my opinion , please do DD , RM and monitor ongoing levels of outlook.

This is not financial Advice.
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.