Disclaimer: This asset is not for new traders or those who don't tolerate ULTRA HIGH risks. I don't recommend this trade (also I don't recommend any other trade). This is just my market view on the current moment. It could be TOTALLY WRONG. If my view changes in the future I am not obligated to update this idea or publish a new one.
The PEAD projected a Bearish outlook for $HSBC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
HSBC is oversold, divergence pattern on daily chart + doji candle.
I expect drop to 50EMA - 480. If BoE decides to rise the rates tomorro - we will test 200EMA
What a start to ’22, financials are the smart play here, if you were in back in Nov when I last posted, you are up nearly 40%! #HSBC will continue to go from strength to strength in coming weeks
Hedge against inflation and rate hikes
Great fundamentals – ERs coming soon look set for beating proj
Dividends – Ex-date Feb 22nd, payments March – funds all piling in...
BIG Dividends
Soaring financial product demand in Asia
P/E 7.9 for 2020, just 5.6 for 2022 = cheap stock
Huge cash flow – profit £5.3bln last q
Should be 460 in next few months
Great play for Q4 as inflation/stagflation takes hold
#inflationstock #stagflationstock
Hong Kong Shanghai Bank Corporation HSBC
With the DTCC new ruling that all banks must have 1 trillion. Enough to survive a sever recession. HSBC is one of several banks pleading that this rule doesn't go into effect. We can also include the mighty hedge fund Citadel with this plea. Let's include this one of many banks that are involved in someway with the...
Famous short seller Jim Chanos let people think in the last interview that he shorted some banks which are overexposed in China.
The bank had hired for about 400 client-facing roles for its mainland digital wealth planning venture and will have about 700 personal wealth planners on the ground by the end of 2021.
Looking at the puts today and the 22usd strike...
This has to be considered as a trading idea. If Evergrande should fail, HSBC is one of the main holders of the securities, between January and July, HSBC added 40% more in Evergrande bond shares, but total portfolio exposure is down to 1.22%. Are we really sure that there will be no contagion on financial groups?
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
📌Short intro:
Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO *
💡 HSBA technically based idea, we can see price is bounce from bottom trend line, technically indicators showing we can expect higher...
