HSBC Will Rise Next days I Advais You To Buy the target 29.15 USD
BY pulling back to its key graphical overlap support, HSBC is giving us a better buy entry as it is riding the upward trend!
SHORT IN HSBC.- Stop Loss = 20.42 / 20.36 Target 1 = 17.74 / 17/94 Then, let Profits run and stop running. Successes !!!
With high volume, but still can't break thorough the mid line of the downward channel.
Overall opinion is to SELL .. A lot of confluence technical factors : 200 ema price down , trendline in place and price has closed consistently below 37.87 ( Engulfing Bar) and formed a critical Swing High /rejected and closed below 38.48. We are currently trading below the crucial 52day low 19.70 , so cautiously looking for a stable level of support to BUY,...
keep in portfolio for sellers
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
The chart is based on today's hammer doji candle. I am projecting a head and shoulder pattern. A weekly close at 36 is very positive.
HSBC could reach $6x in a long run. Every time it hits the bottom of the channel is a good buying opportunity.
HSBC is losing that might show some weakness in UK bank sector... I`d prefer to take the trend when it starts ... that was in October 2018 however it has reach a critical point.. or it causes a false break or we might see hsbc diving further down!
Just look,follow, and enjoy Trade, and make a profi
HSBC Holdings, monthly timeframe: 24 years old(!) support level + Side of Bollinger Bands + Oversold