HSBC is now below its 200 EMA
It still has to break 705 though and horizontal resistance will be stronger.
Also it's weekly chart is still in an uptrend.
Wait and see.
It still has to break 705 though and horizontal resistance will be stronger.
Also it's weekly chart is still in an uptrend.
Wait and see.
Note
Big pullback. Downtrend invalidated.
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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.