HSBA – Bearish divergence intact
The daily RSI is in a falling channel even though the prices are moving higher, suggesting a bearish price RSI divergence and a potential for a correction.
However, the stock found buyers at the session low of 629.60. Nevertheless, a potential for a sell-off remains intact till the stock does not close above 645 levels.
On the lower side, major support is seen around 600 levels.
However, the stock found buyers at the session low of 629.60. Nevertheless, a potential for a sell-off remains intact till the stock does not close above 645 levels.
On the lower side, major support is seen around 600 levels.
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