HSBC TO FILE BANKRUPTCY BY 2022
FORM 2007 THE BANK SHARE PRICE IS GOING DOWN. Even though as per economist claiming US and global market has strong outlook but the HSBC bank didn't bounce anywhere near there. They may do some reverse split or government bailout (if any) but over the long run the stock price is saying that it will be ready to file bankruptcy by 2022 and onwards. The only hope investors for now has is that as long as it holds above $28-$25 it will act as a resistance line (BLAKC LINE). But then after that it will be a free fall. to near zero. Trading price in last days may be between $.30--$.80 cents on the dollar. Now as it is hitting the red RESISTANCE LINE SO GOOD TIME GO SHORT. Stock short ban may come into play in future but then you can do it by options too for now till they ban the options too :)
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