vdubus
Long

HSBC NO RECOVERY ZONE - LONG 48.97

NYSE:HSBC   HSBC HLDGS PLC
69 0 1
HSBC             MUST bounce of the 37.86 Lows to pull them selves out of this technical & fundamental hole, but after doing a quick Google             search, hsbc's future doesn't look promising. As a technical trader i try to over look the fundamental BS which in my opinion it's only role is to off set the market. For that reason alone & it's current technical level Im looking to go long at it's current support level to 48.97
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