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Thread: HSBC Holdings plc (LON:HSBA)

  1. #1
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    HSBC Holdings plc (LON:HSBA)

    HSBC Holdings plc (HSBC) is a banking and financial services organization. The Company provides financial services to approximately 54 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. These businesses are responsible for developing, implementing and managing their business propositions consistently across the Group, focusing on profitability and efficiency. Its international network had approximately 6,300 offices covering 75 countries and territories in six geographical regions: Europe, Hong Kong, Rest of Asia-Pacific, Middle East and North Africa, North America and Latin America. HSBC Holdings, the holding company of the Group, is the source of equity capital for its subsidiaries. The Company’s Group Management Board (GMB) works to ensure that there are sufficient cash resources to pay dividends to shareholders, interest to bondholders, expenses and taxes.

    Official website: www.hsbc.com

  2. #2
    SELL
    TARGET 490

    The Major trend of HSBC Holdings plc it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 494 then it can test support level for the target of 490 with the stop loss of 497.

    HSBC Holdings plc (LON:HSBA)-hsbc-png

    INDICATORS:- RSI is trading near to 37.10 level with negative bias, in upcoming session downside movement is expected.

    MACD and Signal line is sustaining below the zero level line.

    Skype jonsmith1091
    Attached Thumbnails Attached Thumbnails HSBC Holdings plc (LON:HSBA)-hsbc-png  

  3. #3
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    Last edited by Henry Patrik; 10-19-2017 at 12:59 AM.

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