Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBCs international network comprises over 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Companby has listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

            Red = 25 day moving average.           Green = 200 day moving average.

they pay tomorrow if you hold in CFD account.

Back into profit again, though not major money (+18p). Ex divi tomorrow which may wipe out my profit! Decisions, decisions.............."

Worth remembering that it's never wrong to take a profit as you know Harry never mind what size it is, also market usually drops post ex.divi as you say... and the footsie has had a good up day today. On top of that you can always go back in on the dip... So what did you decide?

I decided to hold for the divi, based on the logic (possibly flawed) that I will get the divi and maybe a small profit if there is a bounce from the ex-divi correction. If I took the profit today, I would only get that & not the divi. Thus, I can profit twice now rather than once!

Be it upon your own head then

Happy Harry ?

Yes! Gonna sell this morning asap. Just to correct earlier post #93, divi is 14¢.

Yes - sorry - I'll correct it retrospectively.

Sold @ £5.763 though don't quite understand why the sp wasn't marked down at the open by the divi %age. No complaints!

And for that reason - I'm holding for now.

Yes, did consider that, but prefer to move to another stock for the divi, so now divi hunting.

I have AV. & SL. (both next week) & RSA on the 28th.

Also next week CHG (10.80p) if you fancy some upside.

Yep, CHG looking better than AV. imo for potential upside + divi.

Nomura retains it's Buy TP 650.00

HSBC HSBA

CHART OF THE DAY

Investors Inteligence..........

Chart of the day: HSBC breaks short-term downtrend....
HSBC is gathering impetus for an upside breakout (see right). Yesterday saw the banking heavyweight gap up from 560p. This brushed aside the possibility of downtrend renewal, and, reaffirmed the 200-day moving average as support (see right).

With the US banking sector charging to the upside, HSBC may benefit from this sentiment. Furthermore, HSBC's relative strength is improving.

Overall, we would accumulate the stock to bet on further rallies. The target is at 600p; stoploss at 545p.

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Certainly £6 looks achievable short term - everything else being equal :-)

Think thats a bit skinny of them skinny. I got 620p 1st up pencilled in.

Think it may be underperforming today due to divi.

As I've posted above, I'm going to hold for a while longer (bought @547.78 on 27th Feb) - I'm guessing that the best performers (sector wise) will be these and STAN.

Did someone call? -): Well done you two, divi and capital gain, excellent play!

Had to go out, so couldn't watch my screen. Happy with the result, but could have done better!
If only gf had posted his TA earlier! ;o)