MozzaB

Short HSBA at multidiagonal confluence

Short
LSE:HSBA   HSBC HOLDINGS PLC ORD $0.50 (UK REG)
A short set up is nicely appearing here at this long term multidiagonal. Expect a big move downward here.

Also, this corroborates with my short views on the FTSE , as HSBC amounts for (currently) 7.3% of thw weighting of the FTSE 100 .