Conservative Trend Trade 7F + long impulse + 1/2 correction + T2 level + support level + biggest volume 2Sp+ Monthly Context: + long impulse + SOS level + 1/2 correction + support level + 2Sp- + test"
Conservative Trend trade 7F + long balance + ICE level - support level + 1/2 correction + biggest volume 2Sp+ Calculated affordable virtual stop loss Take profit: + 25% 1/2 R/R + 75% T1 of Monthly Hourly Context + long impulse Daily Context: + long impulse + 1/2 correction + T2 level + support level + biggest volume 2Sp+ Monthly Context: + long impulse +...
HSBC is introducing a venture debt offering in Australia to help scale-up companies that might otherwise struggle to attract more traditional forms of funding to achieve new growth. Launching this month, the bank has allocated $150 million (AUD 227 million) to lend between $6.6 million and $19.8 million to late stage venture capital-backed companies operating in...
As long as it's price above $39.37 HSBC will reach $52.61, potentially. The only problem is, it's volume didn't show a great signal, yet
It is at the key area and the meanwhile in a rising wedge formation, which needs to correct. From the macro side banking are prety bad at the moment all the banks are falling or at the key area.
We have the strongest form of Double PPO Confirmation on the Daily and a weaker form on the Weekly, all at the PCZ of a Bearish Bat; if it performs it will very likely begin a severe decline of up to 62%+ especially due to how much exposure it has to chinese Real Estate.
We hope HSBC never closed below $41.40 We set our target at $47.77
If it's price breaks $39.63, Next destination will be $44.09
Good money flow volume Target for next week $44.09 Add some if it decline to $38.08
Hopefully next week its price will always above $38.08 So we can add more of its shares
HSBC pulled back along with other financials in March. It played a role in the crisis by absorbing Silicon Valley Bank’s British operations, and now the global bank could be drifting to new highs. The first pattern on today’s chart is the rally between November and February. HSBC retraced almost exactly half that move the subsequent month before bouncing. Next...
if it breaks $39.63, next week Next target will be $44.09 It's a long way high target
Volume isn't confim yet If it's price break $38.08 Next target $39.63
The PEAD projected a bullish outlook for NYSE:HSBC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
The PEAD projected a bullish outlook for $HSBC after a Negative under reaction following its earnings release placing the stock in drift D.
I see the banking sector as still problematic, especially if the loan defaults of 2007/2008 should repeat themselves. Consumer credit card debt is currently at a new high with an interest rate of around 20.4% in the US (see links attached below). If the rate doesn't slowly go down, I'd wager that the system will collapse again as unemployment rises. But this is...