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 reversed off its resistance at 42.01 where it could potentially drop further to 41.16.
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