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Thursday, 22 November 2012

HSBC: 22 November 2012, Thursday, 10.17pm Singapore Time

Chart 1:
HSBC (listed in Hong Kong): 22 November 2012, Thursday, 10.17pm Singapore Time

Chart 2:
HSBC (listed in New York): 22 November 2012, Thursday, 10.17pm Singapore Time

The above are Technical Analyses of
HSBC, UK Banking Corporation

HSBC (Hong Kong):
BUY $76.55 and sell in batches when $78.00 breaks up with volume. Time its sell with HSBC listed in US Market (NYSE).

HSBC (New York):
A BUY as illustrated by the RED CIRCLE in Chart 2 (Below $50) and take all profits at $56.04-$56.85.

* ONLY FOR SHORT TERM TRADING, NOT EVEN MID TERM. 
* TIME WITH STOXX 50 CHARTS AS POSTED ON THE SAME DAY AS THIS ANALYSIS IS MADE. 
* LONG TERM FINANCIAL MARKETS ARE STILL TRAPPED WITHIN A SLOW DEFLATIONARY BEAR MARKET STRUCTURE.

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