Two sparrows, wearing HSBC bandanas were drinking water from my bird table this evening as they hunkered over a competitive game of Spuggy Chess. Fundamentally, I think something’s afoot because they dont normally wear bandanas and can’t usually play chess. These events, combined with the unbearable levels of industrialisation and smog in Singapore, along with the rising volume of counterfeit £20 notes to further fuel British consumption habits unfolding in the North East of England, lead me to believe that this likely means it’s almost time to short HSBC.
If any analyst can shed light on this, I’d be grateful.
I’d be looking to open a short around 685 in HSBC with 10pt stop and a 80pt target.