HSBC - Long with Bullish Divergence signal on RSI, MOM on Daily & Weekly timeframe. Cut loss when the price down over $20. Disclaimer
Looking like the ugliest bank chart in one of the worst sectors YTD. $KRE $XLF
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HSBC Holdings, monthly timeframe: 24 years old(!) support level + Side of Bollinger Bands + Oversold
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...
I've done quite a few of these recently in the sell-off. Here's one that hasn't recovered a ton ... . Metrics: Max Loss on Setup: $550 Max Profit on Setup: $150 (27.3% ROC) Break Even: 25.50 versus 25.75 spot Debit Paid/Spread Width Ratio: 78.6% Notes: You know the drill. Manage these like a covered call, rolling the short call out on approaching worthless...
Recent bank divergence, Barclays storming ahead. Lloyds and HSBC left behind.
Market looks like it is near ready for bull run, consider stocking up, I call this buy. Trade at your own risk.. Checkout previous chart from last year predicting bear move and targets;
HSBC is the best bank stock to buy and hold right now. Note the hold element in that statement. Take security in the support level mapped out @ 20.50. This is very likely to hold, but we could be in for some consolidation here. It's very likely that HSBC will hit the target in the 'entry price'. From there, we have two scenarios. One is that it lifts off from...
Here's a look at gold as a short term play, and as a long term investment. Looking at the ETFs and trusts. And a little chat about physical.
The price bounced several times from Mirror Level 39.72. This is a good example of how to use levels for making money. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
Recently, British banking big names HSBC and RBS indicated they have launched new digital banking platforms. The launch happened after a competition for digitally savvy customers steps up in the face of a wave of online startups. Last Monday, HSBC has also rolled out a new app-based business banking service. This service was previously known as “Project...
Europe's largest lender HSBC says pre-tax profits dropped 18% year over year and abandoned a profitability target as Hong Kong's protests and the U.S.-China trade war took their toll Technicals are not looking good too. 55.76 - 55.15 range is the next price target.
HSBC expected to rise up to 1st resistance at 38.99 where it could potentially react off and drop down to 1st support at 35.48. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell and Buy scenario from MN chart to H4 chart. The price is near the crises level, bullish divergence at the same time. PS: It's just my vision. Make your own actions! Have a great day!
Just throwing some lines on HSBC (HSBA) . We have a broadening channel, higher highs and lower lows on a 20 year timeframe. Currently in a downward trend on the monthly, just about holding historical support. This would probably be a good place to exit if we are expecting a market downturn. "These formations are relatively rare during normal market conditions...