Bullish Bank Bet

by | Apr 12, 2023

HSBC made a rally in February 2023 right up into resistance formed by the prior high in February 2022.

Then HSBC made a beautiful retrace right to my Roadmap line – The big orange line moving across the chart.

This sets HSBC up for a nice entry on a move above $37.50 for a target at $41. 

Don’t jump the setup early, because the whole pattern breaks down if HSBC drops down below $32.

Have a great week!


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