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Flightschool
Oct 14, 2022 7:25 PM

Shorting Banks - HSBC Short

NYSE:HSBC1D
HSBC Holdings, plc.NYSE

Description

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Nice place to ride this downtrend with a decent R of 2.13. We are bearish financials throughout the current market cycle.

Comment

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Stopped out unfortunately. Timing is really importatnt as it seems to have stalled at a new resistance level.
Trend Analysisfinancialsdowntrend
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