WallSt007
Long

HSBC Triple Bottom Dating back to 1996 $XLF $HSBC $Bank $JPM

NYSE:HSBC   HSBC HOLDINGS PLC ADR EACH REPR 5 ORD USD0.50

Why HSBC?
HSBC Triple Bottom Dating back to 1996, they got a lot of cash on their books too so fundamentally, they are worth around $26/share.
although they had shady practices n the past, if you want to pick a bank for long term investing, this is good value overall.

Entry $23 area
stoploss $20.90
1st target $24.4
2nd target $26
3rd target $32


What is Hsbc?
HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products, such as current and savings accounts, mortgages and personal loans, credit cards, debit cards, and domestic and international payment services, as well as wealth management services, including insurance and investment products, global asset management services, and financial planning services.
Comment: hit our trailing stoploss at $24.66

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