Friday, December 14, 2007

HSBC chart updated

The chart below is HSBC at the end of Nov 2007.

The chart below is HSBC today on the 2nd week of Dec, 2007.

Latest chart shows that HSBC did not rebound from the support trendline and the price fell below it. I'm waiting patiently at HKD 120, which is both the horizontal support line AND the dynamic support line B AND the price objective of breaking the rectangular pattern.