HSBC eyes on $53.xx: Key Resistance to recovery of UpTrendHSBC looking quite strong compared to other banks.
Just poked through a key Resistance at $53.01-53.40
Strong break should retest highs above at $58.11-58.65
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Previous Analysis that caught a long PERFECTLY
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Key facts today
HSBC is launching a $3 billion share buy-back, aiming to repurchase about 1.78 billion shares at $0.50 each, starting May 7, 2025, and ending by July 25, 2025.
On May 6, 2025, HSBC issued Pre Stabilisation Notices for certain securities, indicating potential market support actions by Stabilisation Managers, though no guarantees are provided.
UK ministers will meet HSBC leaders to discuss boosting lending to small businesses amid concerns over limited credit access post-pandemic.
HSBC eyes on $44.xx: Major Support that could launch next legHSBC dropped into a major support.
Enter here for a scalp or long term.
Nearby resistance for scalp target.
$ 44.76 - 44.91 is the exact support zone.
$ 47.91 - 48.15 is first resistance and TP.
$ 49.86 - 50.16 will be serious, bigger TP.
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HSBC "Amazing Opportunity"After the UK CPI came hotter than expected, short positions are shining on the horizon. The UK100(FTSE) index looks over-extended to the bullish side, but better than shorting the index itself is finding a highly correlated with the index position, which in our case is HSBC.
As you can see the peri
M&S & HSBC UK Collaborate to Elevate Digital Banking ExperienceIn a dynamic move to cater to evolving consumer demands, UK retailer Marks and Spencer (M&S) has cemented a new seven-year partnership with NYSE:HSBC UK, aimed at revolutionizing the credit and digital payment landscape through its banking arm, M&S Bank.
The collaboration signifies a strategic sh
Potential Symmetrical triangle?I find the chart on HSBC interesting. Last year, we witnessed the market break a significant downtrend that had been in place since 2007. Currently, it appears we are on the verge of completing a symmetrical triangle pattern. Considering the market's support from its 200-week moving average and the
HSBC Day to Investment Conservative Trend TradeConservative 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
HSBC (NYSE: HSBC) Launches $150m Venture Debt ProductHSBC 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 mi
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Displays a symbol's price movements over previous years to identify recurring trends.