HSBC Bounced Off its Support, Potential Rise!HSBC bounced nicely off its support at 40.07 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 41.94 (61.8% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) has bounced off its support ascending support line.