Can It Be True, that HSBC's Impairments Costs Are at a 26-Year Trough?

Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

WEEKLY KEY ELEMENTS Still within a bullish trend above 71.00 (range pullback, channel support and 34 week MA). In the shorter term, the risk of an intermediate pullback to 73.75 before a new bullish acceleration.Should you have any questions and wish to speak with one of our analysts, please don’t hesitate to contact us. Equity Asia: + (65) 6735 3040 or <a href="mailto:asia@bbsp.sg" target="_blank">asia@bbsp.sg</a>Access to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any…

WEEKLY KEY ELEMENTS Still within a bullish trend above 71.00 (range pullback, channel support and 34 week MA). In the shorter term, the risk of an intermediate pullback to 73.75 before a new bullish acceleration.Should you have any questions and wish to speak with one of our analysts, please don’t hesitate to contact us.  Equity Asia: + (65) 6735 3040 or asia@bbsp.sgAccess to this document is restricted to the use of the intended recipient designated by BBSP and may not be shared with others. Any…

HSBC Holdings

5 HK - HSBC Target 88