Get started
HSBC HOLDINGS PLC
Long

Buying opportunity for long term investment

By christmaslai
Updated
HSBC could reach 6x in a long run. Every time it hits the bottom of the channel is a good buying opportunity.
Comment
In the daily chart, HSBC could reach $31. However, it might bottom out soon if the monthly candlestick stays above the bottom of the channel.
Comment
snapshot
Comment
It is a good news that HSBC is resetting the bottom of the channel.
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.